What happens to the monopolist if the per unit tax is imposed? a) Average cost and marginal curves to shift up because the per unit tax is like a variable cost. b) Average cost curve to shift up c) Average cost and marginal cost curves to shift up, because the per unit tax is like a fixed cost d) All of the above
What happens to the monopolist if the per unit tax is imposed? a) Average cost and marginal curves to shift up because the per unit tax is like a variable cost. b) Average cost curve to shift up c) Average cost and marginal cost curves to shift up, because the per unit tax is like a fixed cost d) All of the above
Chapter14: Monopoly
Section: Chapter Questions
Problem 14.2P
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what happens to the monopolist if the per unit tax is imposed?
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What happens to the monopolist if the per unit tax is imposed?
a) Average cost and marginal curves to shift up because the per unit tax is like a
variable cost.
b) Average cost curve to shift up
c) Average cost and marginal cost curves to shift up, because the per unit tax is like a
fixed cost
d) All of the above
Answer
O A
O B
O D
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