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If the federal government enacts a tax on a monopoly, how would you expect the additional tax to affect the following:
1. Output produced by the monopoly
2. Prices charged by the monopoly
3. Profits of the monopoly

  • Economics -

    Your umpteen posts have been removed.

    Once you write up YOUR THOUGHTS re each question, please re-post, and someone here will be happy to comment.

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