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Author Question: A specific tax imposed on a monopolist may increase the price by more than the tax. Indicate ... (Read 42 times)

rl

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on: Jul 1, 2018
A specific tax imposed on a monopolist may increase the price by more than the tax.
 
  Indicate whether the statement is true or false

Question 2

In an ultimatum game
 
  A) non-profit-maximizing behavior often occurs.
  B) players move simultaneously.
  C) players act in an economically rational way.
  D) one player receives nothing.


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trampas

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Reply #1 on: Jul 1, 2018
Answer to Question 1

True . The incidence of a tax on a monopolist may be more than 1 (100).

Answer to Question 2

A


rl

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  • Posts: 579
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

milbourne11

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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