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If the government taxes firm output at ratet <1, then the consumer's optimality condition is, (a)MRSl,C=w. (b)MRSl,C=w(1t). (c)(1t)MRSl,C=w. (d)MRSl,C=wt.

  1. If the government taxes firm output at ratet <1, then the consumer's optimality condition is,

(a)MRSl,C=w.

(b)MRSl,C=w(1t).

(c)(1t)MRSl,C=w.

(d)MRSl,C=wt.

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