=+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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Microeconomics An Intuitive Approach With Calculus

ISBN: 9781337335652,9781337027632

2nd Edition

Authors: Thomas Nechyba

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Microeconomics An Intuitive Approach With Calculus

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