What is the incidence of the tax on consumers

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Reference no: EM1381665

If the inverse demand curve is p=120-Qand the marginal cost is constant at 10,

how does charging the monopoly a specific tax of 10 per unit affect the monopoly optimum and the welfare of consumers, the monopoly and society?

what is the incidence of the tax on consumers?

Reference no: EM1381665

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