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Author Question: Consider a monopolist that is earning profits in the long run. If the government imposes a lump-sum ... (Read 31 times)

Scollins7

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on: Oct 12, 2022
Consider a monopolist that is earning profits in the long run. If the government imposes a lump-sum tax on this monopolist (that is less than its profits), then
◦ new firms would enter the industry.
◦ the output would remain the same while price increased.
◦ the monopolist would cease production.
◦ output would decrease and price to consumers would increase.
◦ neither output nor price would change.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Scollins7 on Oct 12, 2022

FireandIce

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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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Scollins7

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

meow1234

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

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