=+b. Now suppose the government announces that, from now on, it will impose a 50% tax on
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=+b. Now suppose the government announces that, from now on, it will impose a 50% tax on all income derived from land. How does your answer regarding how much you would be willing to pay for this plot of land change?
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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