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Microeconomics 2nd Edition by Douglas Bernheim
Edition 2ISBN: 978-0071287616Microeconomics 2nd Edition by Douglas Bernheim
Edition 2ISBN: 978-0071287616 Exercise 4
Suppose the government puts a specific tax t on cola drinks in the market of Problem 9. Express the price as a function of the tax t and differentiation parameter D , P ( t , D ). What is the marginal passthrough rate from a small tax; that is, what is
How does D affect this What happens as D grows large
How does D affect this What happens as D grows largeExplanation
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The demand function for Coke and Pepsi a...
Microeconomics 2nd Edition by Douglas Bernheim
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