What will be the impact of imposition of unit tax on the firm’s long run supply curve? |
the firm’s long run supply curve will shift to the left and the firm now supplies fewer units of output at any given price the firm’s long run supply curve will shift to the right and the firm now supplies fewer units of output at any given price the firm’s long run supply curve will shift to the left and the firm now supplies same under of units of output at any given price the firm’s long run supply curve will shift to the right and the firm now supplies same under of units of output at any given price |
the firm’s long run supply curve will shift to the left and the firm now supplies fewer units of output at any given price |
The correct answer is option 1: the firm’s long run supply curve will shift to the left and the firm now supplies same under of units of output at any given price
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