2.5 A firm has to pay a tax equal to 10% of its revenue. Give a condition...
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2.5 A firm has to pay a tax equal to 10% of its revenue.
Give a condition that determines the output level at which it maximizes its after-tax profit. (Hint:
See “Using Calculus: Maximizing Profit” and Q&A 7.1.) C
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Managerial Economics And Strategy
ISBN: 9780135640944
2nd Global Edition
Authors: Jeffrey M. Perloff, James A. Brander
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