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Suppose the market is in equilibrium for razor blades where the marginal benefit equals the marginal cost. If the government imposes a tax on razor blades and the marginal cost is greater than the marginal benefit, what may result?

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Suppose the market is in equilibrium for razor blades where the marginal benefit equals the marginal cost. If the government imposes a tax on razor blades and the marginal cost is greater than the marginal benefit, what may result?






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