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Tidy Tidy
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8 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 or false?
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
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VincenzoDVincenzoD
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Tidy Author
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Brilliant ツ
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You make an excellent tutor!
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