Unformatted text preview: profit-maximizing level of output be if the government imposed a tax of $2 per bat instead? Why do these two taxes have such different effects? Q (bats/day) Total Revenue ($/day) Variable cost ($/day) Total cost ($/day) Profit ($/day) 5 10 15 20 25 30 35...
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This note was uploaded on 02/20/2012 for the course ECON 202 taught by Professor Brightwell during the Spring '08 term at Texas A&M.
- Spring '08