The accompanying diagram depicts a demand curve for 20 DVDs for a monopoly currently producing at point B. 18 Specify answers to the nearest dollar, and use a negative sign to indicate decreases in revenue. B 16 If the firm lowers DVD prices from $16 to $14, what is the D C E 14 change in revenue, assuming quantity remains the same? In 12 other words, focus only on the price effect. 10 Price of DVDs (in dollars) 8 4 2 What is the change in revenue that results just from the H G increased quantity at $14? In other words, focus only on the 0 100 200 300 400 500 600 700 800 quantity effect. Quantity of DVDs $ What is the overall net effect of this price decrease on the firm's total revenue