Holding supply conditions constant the costs of regulation
Holding supply conditions constant, the costs of regulation fall wholly on producers when: a. EP = 1 b. EP => 1 c. EP = d. EP = 0 22. A 100% markup on cost is equivalent to a markup on price of: a. 25% b. 33% c. 50% d. 100%
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holding supply conditions constant the costs of regulation fall wholly on producers when a ep 1 b ep gt 1 c ep d ep
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