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Business, 20.12.2019 02:31 yvngtazz

For commodity x, average cost is equal to marginal cost at every level of output. assuming that the market for x is competitive and the demand curve is linear, analyze the effects when a unit tax of u dollars is imposed. now analyze the effects of the same tax assuming that the market for x is a monopoly. discuss the differences.

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For commodity x, average cost is equal to marginal cost at every level of output. assuming that the...
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