250 225 Revenue Lost 200 175 150 Revenue Gained Demand PRICE (Thousands of dollars per fire engine) 125 100 50 25 3 5 6 8 9 10 QUANTITY (Fire engines) Raphael increase production from 6 to 7 fire engines because the dominates in this scenario. True or False: If Raphael's Fire Engines were a competitive firm instead and $125,000 were the market price for an engine, decreasing its price from $125,000 to $75,000 would result in the same change in the production quantity and, thus, total revenue. O True O False