In a Nash-Cournot equilibrium, each of the n firms faces a constant marginal cost m, the inverse
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In a Nash-Cournot equilibrium, each of the n firms faces a constant marginal cost m, the inverse market demand function is ρ = a - bQ, and the government assesses a specific tax of τ per unit. What is the incidence of this tax on consumers?
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Related Book For 
Microeconomics Theory and Applications with Calculus
ISBN: 978-0133019933
3rd edition
Authors: Jeffrey M. Perloff
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