Question

Under monopoly the incidence of lumpsom tax is

Answer 1

Answer:

lump-sum taxes in monopoly.

Monopolies may be regulated by means of imposition of lump-sum taxes. Since a lump-sum tax is like a fixed cost to a monopolist, its imposition will result in an upward shift of his total cost (TC) curve by a vertical distance equal to the amount of the tax..

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