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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Microeconomic Theory Basic Principles And Extensions

ISBN: 9781473729483

1st Edition

Authors: Christopher M Snyder, Walter Nicholson, Robert B Stewart

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