The table below gives a monopoly's demand schedule. Complete the table by calculating the total revenue and the marginal revenue.
$$\begin{array} { c c c c }
\begin{array} { c }
\text { Price } \
\text { (dollars) }
\end{array} & \begin{array} { c }
\text { Quantity } \
\text { (units) }
\end{array} & \begin{array} { c }
\text { Total revenue } \
\text { (dollars) }
\end{array} & \begin{array} { c }
\text { Marginal revenue } \
\text { (dollars) }
\end{array} \
\hline 6 & 1 & - & - \
5 & 2 & - & - \
4 & 3 & - & - \
3 & 4 & - & - \
2 & 5 & - & - \
1 & 6 & - & - \
\hline
\end{array}$$

Question

The table below gives a monopoly's demand schedule. Complete the table by calculating the total revenue and the marginal revenue.
 $$\begin{array} { c c c c } 
\begin{array} { c } 
\text { Price } \
\text { (dollars) }
\end{array} & \begin{array} { c } 
\text { Quantity } \
\text { (units) }
\end{array} & \begin{array} { c } 
\text { Total revenue } \
\text { (dollars) }
\end{array} & \begin{array} { c } 
\text { Marginal revenue } \
\text { (dollars) }
\end{array} \
\hline 6 & 1 & - & - \
5 & 2 & - & - \
4 & 3 & - & - \
3 & 4 & - & - \
2 & 5 & - & - \
1 & 6 & - & - \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of The table below gives a monopoly's demand schedule. Complete the table by calculating the total revenue and the marginal revenue.
 $$\begin{array} { c c c c } 
\begin{array} { c } 
\text { Price } \
\text { (dollars) }
\end{array} & \begin{array} { c } 
\text { Quantity } \
\text { (units) }
\end{array} & \begin{array} { c } 
\text { Total revenue } \
\text { (dollars) }
\end{array} & \begin{array} { c } 
\text { Marginal revenue } \
\text { (dollars) }
\end{array} \
\hline 6 & 1 & - & - \
5 & 2 & - & - \
4 & 3 & - & - \
3 & 4 & - & - \
2 & 5 & - & - \
1 & 6 & - & - \
\hline
\end{array}$$

The Table Below Gives a Monopoly's Demand Schedule