How would the answer to Solved Problem 8.2 change if, instead of a specific tax, Manitoba imposes

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How would the answer to Solved Problem 8.2 change if, instead of a specific tax, Manitoba imposes an ad valorem tax (see Chapter 3) of v percent on lime produced in that province?

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Microeconomics

ISBN: 978-0134519531

8th edition

Authors: Jeffrey M. Perloff

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Question Posted: Nov 12, 2018 07:04 AM

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How would the answer to Solved Problem 8.2 change if, instead of a specific tax, Manitoba imposes

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Assume the ad valorem tax is calculated as percent of the price of lime Suppose the firms marginal c...View the full answer

Microeconomics

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