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If a pure profits tax (a percentage of the economic profits) is collected at the retail level, does a downstream monopoly's incentive to vertically integrate
If a pure profits tax (a percentage of the economic profits) is collected at the retail level, does a downstream monopoly's incentive to vertically integrate change? Does the incentive change if the tax is collected at both upstream and downstream levels? Does a sales tax (at the retail level) affect the incentive to vertically integrate
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