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Kyuubi Kyuubi
wrote...
Posts: 1012
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6 years ago
The lump-sum tax on profit does not affect the price-output decision of the monopolist. The only effect of the tax is that it reduces the monopolist’s profit by the amount of the tax.

True or False?
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
Read 53 times
1 Reply

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Replies
wrote...
6 years ago
TRUE
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