Intermediate Microeconomics Outline

Intermediate Microeconomics Course Outline Berkeley Requested   GOOD LUCK ON YOUR FINAL!

Tax Incidence

Elasticity of Demand and Taxation Many products are subject to indirect taxation imposed by the government. Good examples include the excise duty on cigarettes (cigarette taxes in the UK are among the highest in Europe) alcohol and fuels. Here we consider the effects of indirect taxes on a producers costs and the importance of price … Continue reading