Simulation 2 2024

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Vincenzo Buttice''s Personal Room-20240523 0800-1 QUESTION 2 So just a warning for you, we are going to look together at some questions, and for most of them are questions based on factual evidence. One idea is, you know, go to them and try to clarify the reason behind each question. Of course we did a study on it, which was about the relationship between marginal revenue and price increase, and we say that in the monopoly of real estate market, when the demand is unrestricted, the marginal revenue improves that, with a recall, the relationship that exists between the demand and marginal revenue. QUESTION 3Think is about a monopolistic market where a quantity tax is introduced. So we have a monopoly that is charged a quantity tax. And the four options are, the monopolist bears the full part of the tax, meaning the lower profits are reduced, right? The monopolist can always move it past the bottom of the tax. Taxation reduces the monopolist market power, whereas competition in the market, the monopolist can manipulate the price to pass the tax pattern on to the monopolist. This is better. Now, it's better. Unfortunately, I just have two options, which is low microphone, high microphone. High, please. Okay. High microphone now. Let's give it to you. So we are interested in taxation on a monopolist. That's what this is. Let's see what is taxation in life for a monopolist. This is really something we have seen in the same module, when we do this. When we solved the case in which a taxation was handed to the monopolist, and the taxation was actually a quantity tax, and what we proved in that case was that if we charge a quantity tax, the monopolist is able to raise the price, will raise the price, and by doing so, the monopolist will pass some of the burden of taxation to…