Producers take advantage of the internet to implicitly

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Q1. In an attempt to rise tax incomes, legislators in numerous states have introduced legislation to would rise state excise taxes. Examine the impact of such an rise on the equilibrium prices paid also quantities consumed by consumers in markets characterized by (a) Sweezy oligopoly, (b) Cournot oligopoly also (c) Bertrand oligopoly also determine that of these market settings is likely to generate the greatest rise in tax incomes. Elucidate how all work also calculations

Q2. Illustrate what are the examples to producers take advantage of the internet to implicitly fix the prices?

Reference no: EM1319242

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