BUSI 620 help Making Decisions/uophelp.com BUSI 620 help Making Decisions/uophelp.com | Page 31

b) The best level of output and price with a lump sub tax that would
eliminate all monopolists profits
c) The best level of output, price and profits per unit and in total with a
$3 per unit tax collected from the monopolist, and
d) The best level of output and profit per unit and in total if the
government sets the price of the product or service at $10.
e) Which is the best method of controlling monopoly power? Why?
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BUSI 620 Week 7 Questions for Critical Thinking 7
(SOLUTIONS)
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Business 620
Critical Thinking Seven
Salvatore's Chapter 14:
a) Discussion Questions: 12 and 15.
b) Problems: spreadsheet problems 1 and 2.
Froeb et al.’s Chapter 17:
a) Individual problems: 17–1 and 17–4.