3.5 In a Nash-Cournot equilibrium, each of the n firms faces a constant marginal cost m, the...

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3.5 In a Nash-Cournot equilibrium, each of the n firms faces a constant marginal cost m, the inverse market demand function is p = a - bQ, and the government assesses a specific tax of  per unit. What is the incidence of this tax on consumers? M

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Microeconomics With Calculus

ISBN: 9780273789987

3rd Global Edition

Authors: Jeffrey M. Perloff

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