17.4 Suppose a monopoly produces a harmful externality. Use the concept of consumer surplus in a partial
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17.4 Suppose a monopoly produces a harmful externality. Use the concept of consumer surplus in a partial equilibrium diagram to analyse whether an optimal tax on the polluter would necessarily be a welfare improvement.
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Related Book For
Microeconomic Theory Basic Principles And Extensions
ISBN: 9781473729483
1st Edition
Authors: Christopher M Snyder, Walter Nicholson, Robert B Stewart
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