Homework Answered Due Today, 9:35 AM In a monopoly market, the magnitude of demand elasticity at quantity of 10 units is El=1.2. What happens if the monopolist EXPANDS output to 11 units? Pick the most accurate answer. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. Total Revenue increases. d Total Revenue decreases but Marginal Revenue increases. Total Revenue decreases and Marginal Revenue is negative. Profit increases. Answered FE013 De Resubmit

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