=+d. If you have not already done so in exercise 14.1, determine the long-run equilibrium price p*
Question:
=+d. If you have not already done so in exercise 14.1, determine the long-run equilibrium price p*
before the tax (a function of A,
a, b, w, and r). How does this change under the tax?
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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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