A monopolist faces an inverse demand function p100-4q and
Question: A monopolist faces an inverse demand function p=100-4q and her total cost of production is c=20q. Determine the effect on equilibrium price of the introduction of specific tax of value t=8. Is the tax over shifted? Justify your answer.
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question a monopolist faces an inverse demand function p100-4q and her total cost of production is c20q determine the
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