If the federal government enacts a tax on a monopoly, how would you expect the additional tax to effect the following:

If the federal government enacts a tax on a monopoly, how would you expect the additional tax to effect the following:Profits of the monopolyOutput produced by the monopolyPrices charged by the monopoly

If the federal government enacts a tax on a monopoly, how would you expect the additional tax toeffect the following:Profits of the monopolyOutput produced by the monopolyPrices charged by the…