Discuss major fundamental shortcoming of theories

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Q. Discuss major fundamental shortcoming of theories of cost determination in england prior to roughly 1870, why failure?

Q. A tax of $10 per unit is imposed on a certain market. The tax reduces the equilibrium quantity in the market by 200 units. The deadweight loss from the tax is $1000. Why? Why not $2000?

Reference no: EM1345350

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Discuss major fundamental shortcoming of theories : Discuss major fundamental shortcoming of theories of cost determination in england prior to roughly 1870, why failure.

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