Question

A monopolist firm has the following total revenue and total cost functions:
R = - mQ2 + nQ ( m,n > 0)
C = aQ2 + bQ + c (a,b,c > 0)
Suppose that the government plans to levy an excise tax on the product of this firm and
wishes to maximise the total tax revenue T from this source. What tax rate t ( rupees per
unit of output) should the government choose?

Answer 1

Answer:

they are all numbers my lord