In a Nash-Cournot equilibrium, each of the n firms faces a constant marginal cost m, the inverse

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In a Nash-Cournot equilibrium, each of the n firms faces a constant marginal cost m, the inverse market demand function is ( = a - bQ, and the government assesses a specific tax of ( per unit. What is the incidence of this tax on consumers?

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Microeconomics Theory and Applications with Calculus

ISBN: 978-0133019933

3rd edition

Authors: Jeffrey M. Perloff

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Question Posted: Dec 29, 2017 01:02 AM

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In a Nash-Cournot equilibrium, each of the n firms faces a constant marginal cost m, the inverse

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Microeconomics Theory and Applications with Calculus

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