Problem
Suppose that the government instituted a per-unit tax on the output of a monopoly firm. How would you graph this situation? What would happen to the market equilibrium after implementation of such a tax? How would you analyze the tax incidence question-that is, how would you show which economic actor pays most of the tax?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.