If a tax imposed on a monopolist causes marginal costs to increase then the consumer price:
A)will rise by less than the tax if demand is inelastic
B)will always rise by less than the tax
C)will always rise by more than the tax
D)will rise by more than the tax if demand is inelastic

Question

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The Answer of If a tax imposed on a monopolist causes marginal costs to increase then the consumer price:
A)will rise by less than the tax if demand is inelastic
B)will always rise by less than the tax
C)will always rise by more than the tax
D)will rise by more than the tax if demand is inelastic

If a Tax Imposed on a Monopolist Causes Marginal Costs