The government says that firm X must pay $1,000 in taxes simply because it is in the

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The government says that firm X must pay $1,000 in taxes simply because it is in the business of producing a good. What cost curves, if any, does this tax affect?

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:41 AM

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The government says that firm X must pay $1,000 in taxes simply because it is in the

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The tax raises fixed costs by 1000 so it affects TFC Anything that affects TFC also affects TC becau...View the full answer

Economics

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