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Author Question: Suppose a cell-phone service provider has monopoly rights for a geographical region and is earning ... (Read 75 times)

fungirl

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on: Oct 12, 2022
Suppose a cell-phone service provider has monopoly rights for a geographical region and is earning monopoly profits. If the government then imposes a lump-sum tax (i.e., a tax that is independent of the level output) of $X on this firm, the effect is
◦ to increase the firm's average costs and reduce its profit by $X.
◦ to increase the firm's marginal costs and reduce its profit by $X.
◦ a reduction in output and an increase in price.
◦ an increase in consumer surplus due to the tax revenue.
◦ an increase in output and a decrease in price.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by fungirl on Oct 12, 2022

Jim457

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fungirl

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

jackie

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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