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Author Question: If the government imposes a specific tax on a monopoly, the consumer's tax incidence A) can ... (Read 106 times)

Starlight

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on: Jul 1, 2018
If the government imposes a specific tax on a monopoly, the consumer's tax incidence
 
  A) can exceed 100.
  B) will always be between 0-100.
  C) may be negative.
  D) will be the same as when the tax is imposed on a perfectly competitive firm.

Question 2

If a firm is a price taker, then its marginal revenue will always equal
 
  A) price.
  B) total cost.
  C) zero.
  D) one.
Microeconomics ¦ Perloff ¦ 8th Edition
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jjorrostieta

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Reply #1 on: Jul 1, 2018
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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Starlight

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Reply 2 on: Jul 1, 2018
Excellent

Joy Chen

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

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