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triciababy1 triciababy1
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A year ago
Regulation can reduce the profits of a natural monopoly by imposing a per-unit output tax (rather than directly regulating price). Such a tax would cause the monopolist's
1) average total cost curve to shift upward;
2) marginal cost curve to shift upward;
3) demand curve to shift to the left.

▸ 1 only

▸ 2 only

▸ 3 only

▸ 1 and 2

▸ 2 and 3
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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OmfgtimmyOmfgtimmy
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#1
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A year ago
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triciababy1 Author
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A year ago
Thanks for your help!!
Roselalo
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Yesterday
Smart ... Thanks!
acaruso
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2 hours ago
Just got PERFECT on my quiz
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