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Nica Nica
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Posts: 520
5 years ago
Suppose a monopoly is producing its profit-maximizing output level. Now suppose the government imposes a lump-sum tax on the monopoly, independent of its output. As a result the monopoly's profit will fall.

• true

• false
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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RNIPPRNIPP
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Posts: 372
5 years ago
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