Show that a profit-maximizing monopolist's output is unaffected by a proper- tional profit tax, but is reduced

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Show that a profit-maximizing monopolist's output is unaffected by a proper- tional profit tax, but is reduced by a tax of $t per unit of output. Explain these results

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Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Feb 15, 2024 12:37 AM

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Show that a profit-maximizing monopolist's output is unaffected by a proper- tional profit tax, but is reduced

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Microeconomics An Intuitive Approach with Calculus

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