Suppose that in April a monopolist handed out a coupon to every consumer offering a discount of

Question:

Suppose that in April a monopolist handed out a to every consumer offering a discount of T dollars off of the purchase price of its product during the month of May. What effect will those coupons have on the amount of the product the monopolist sells in May, the final cost per unit to consumers, and the monopolist's profit?
Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a...