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Author Question: If a regulatory agency imposes a lump-sum tax on a monopolist (i.e., a tax that is independent of ... (Read 35 times)

camac77

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on: Oct 12, 2022
If a regulatory agency imposes a lump-sum tax on a monopolist (i.e., a tax that is independent of the level of output) it will reduce the firm's profits because the tax increases
◦ both the LRAC and the MC, leaving price and output unchanged.
◦ all costs as it shifts the demand curve to the right.
◦ all costs as it shifts the demand curve to the left.
◦ price whereas quantity demanded falls.
◦ the LRAC but not the MC, leaving price and output unchanged.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by camac77 on Oct 12, 2022

nora9826

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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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camac77

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

upturnedfurball

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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