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Kyuubi Kyuubi
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6 years ago
A tax increase of 5% on the profits of a profit-maximizing monopolist will cause the monopolist to:
A) raise price and reduce output
B) lower price and reduce output
C) raise price and output
D) none of the above
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
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EngelEngel
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6 years ago
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