table provides the unit-labour requirements () to produce tea and garments in each country. India Vietnam Tea 120 32 Garments 48 16 Consider a monopolistically competitive industry where firms differ in productivity levels. When the industry opens to international trade, transportation and other transaction costs may determine which firms will remain exclusively in the poarlcot an nich firms uvill b

Question Maxin Suppose a monopolist could charge a different price to every customer based on how much he or she were willing and able to pay (versus charging the same price to all their customers). How would this affect the monopolist's profits? Why? Description Answer eacho Use the editor to format your answer 10 Roints

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A monopoly is forced to pay higher taxes to help their government lower their debt. Even with this tax, the monopoly still earns a positive economic profit. This new tax will cause: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a the monopoly's profits to fall slightly because most of the burden of the tax will fall on consumers. the monopoly's profits to fall significantly because most of the burden of the tax will fall on the monopoly and not consumers.. c the monopoly to increase its price by more than the amount of the new tax. d the monopoly to increase its price by less than the amount of the new tax. the monopoly to increase its price by an amount equal to the size of the new tax.

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Typed and quality solution I will up vote