1.2 Graphically represent (a) a corrective tax that achieves the socially optimal output and (b) one that...

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1.2 Graphically represent

(a) a corrective tax that achieves the socially optimal output and

(b) one that moves the market output further away from the socially optimal output than was the case before the tax was applied.

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Economics

ISBN: 978-0324538014

8th Edition

Authors: Roger A Arnold

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