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Micro Question 1  1. In the short run, a per-unit tax of $2 will creat Micro Question 1  1. In the short run, a per-unit tax of $2 will creat

Micro Question 1 1. In the short run, a per-unit tax of $2 will creat - PDF document

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Uploaded On 2016-06-08

Micro Question 1 1. In the short run, a per-unit tax of $2 will creat - PPT Presentation

2 In the long run some firms will exit the industry because profit is negative As a result market supply will decrease until firms make zero profit or when P MC Because the perunit tax does ID: 353062

the long

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