4.9 Navel oranges are grown in California and Arizona. If Arizona starts collecting a specific tax per

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4.9 Navel oranges are grown in California and Arizona.

If Arizona starts collecting a specific tax per orange from its firms, what happens to the long-run market supply curve? (Hint: You may assume that all firms initially have the same costs. Your answer may depend on whether unlimited entry occurs.)

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Microeconomics With Calculus

ISBN: 9780273789987

3rd Global Edition

Authors: Jeffrey M. Perloff

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