1. We learned in the class about the Quantity Tax levied on a Monopolist. Especially, the statement is that the amount that monopolist passes to consumers is more than the tax in a certain condition. The tax is denoted by t and the constant marginal cost is denoted by k.
2. What is the condition that you learned in the class? (It is not the condition about the price change)
3. Prove the statement in the condition.
4. If the condition is violated, show yourmathematical argument that the amount that monopolist passes to consumers could be smaller than the tax and also provide the example that supports your argument. (You should clarify the change of the proof that you have shown in 2). Also if you want to use the question #1 for the example, you should explain why #1 is the proper example)
5. If you find a difference or not, between the case in the condition of 1) and the case with question #1, please provide theintuitive explanation behind your finding that you learned in the class (you can use an example for the case in the condition of 1) that you learn in the class)