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Kyuubi Kyuubi
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Posts: 1012
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6 years ago
An excise tax imposed on each unit of a good produced by a monopolist will:
A) have no effect on the price of the product
B) cause the monopolist to produce a larger quantity
C) raise the price by the amount of the tax
D) raise the price by an amount less than the tax
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
Read 52 times
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6 years ago
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