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Business, 13.06.2020 01:57 DeathFightervx

If the inverse demand curveLOADING... is pequals=120120minus−Q and the marginal cost is constant at $2020, how does charging the monopolyLOADING... a specific tax of tauτequals=$88 per unit affect the monopoly optimum and the welfare of consumers, the monopoly, and society (where society's welfare includes the tax revenue)? What is the incidence of the tax on consumers? As a result of the tax, the profit-maximizingLOADING... quantity ▼ decreases increases by nothing units and the profit-maximizing price ▼ increases decreases by $nothing. (Enter numeric responses using real numbers rounded to two decimal places.)

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If the inverse demand curveLOADING... is pequals=120120minus−Q and the marginal cost is constant at...
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