MGEA02H3 Study Guide - Midterm Guide: Tax Incidence, Demand Curve, Economic Surplus

117 views10 pages
Published on 19 Jan 2016
School
Course
SUPPLEMENT A
TAXATION AND ELASTICITY, ECONOMIC INCIDENCE OF A TAX,
AND EXCESS BURDEN OF A TAX
 
 !"
#$$%##&'$#'
#$#$!()#$#! 
(('"*#$(+%#$#
##&'!'%##&'
 ##$%#!(
!+$+$&"#(#
#$###$,#)#'
$!!#+
" -!!+$+'%&
'#( .
#/.'##'
$!'#")#'!!
#++#($(
!!+'!!#+
!!#+%$&!!0'
! '
#+"12'#

!!3'
#+14'#
!!5''#+16'#
7# 105
5
185
5
1355
9!! 0 3 5
S
$X
$X
S1 (or S+T)
Q
P
Unlock document

This preview shows pages 1-3 of the document.
Unlock all 10 pages and 3 million more documents.

Already have an account? Log in
 !$(!!:;$<#
!!$#!#+$!
!!$"
='+$$!'1455#(
!(+$!!#+$(#$-
 
$ %.
$&12 !'
 (
!!0'$.!#'
$(1055'.$12'#
$!!3'#%.$&14
!#$#+!+$1455
#$.!#$(1855'
!!
$'$'!!#+7> 9"
)#''!#!!#+7>
9"> 9"?@$!'!!#+7>2?
49'14!'!!#+7>0?49
.#''!'!!#+-
'+!!#+
?#+"!#(!'
 ##$'14!"
!!#+++'$
$!.$
+ '"!!#+
:!# !##+"?
#+(:!# !#!(('
"#+(!#!(
(!##+('
(" (-=!!+$
+'%&!#'#'(
(=(!
+$ A$.#$!#''#
+$B(#$##
''$($((+(
(!+$"
7# 12 14 16
9!! 0 3 5
Q
D1 (or D-
T)
D
$X
$X
P
Unlock document

This preview shows pages 1-3 of the document.
Unlock all 10 pages and 3 million more documents.

Already have an account? Log in
)#'$#++(1
$#+(
!!+'$#+
$#+%$&#$C((
!#4''!#1D!0
''!#1E!E''
!#13!
='+$$!'14#!#
(!((+$$#+$
(#$-
(!$'A
(##$4'
!#'1D!('+
='14!(!
18!! 14+$"'(:!#'
1D$#!!!(!#!(
$#$
 $'$'
 $#+
7 > 9"
)#''!#$#+7
7#! 18 10 16
9$ 4 0 E
7#!(( 1D 1E 13
9$ 4 0 E
Unlock document

This preview shows pages 1-3 of the document.
Unlock all 10 pages and 3 million more documents.

Already have an account? Log in

Get OneClass Grade+

Unlimited access to all notes and study guides.

YearlyMost Popular
75% OFF
$9.98/m
Monthly
$39.98/m
Single doc
$39.98

or

You will be charged $119.76 upfront and auto renewed at the end of each cycle. You may cancel anytime under Payment Settings. For more information, see our Terms and Privacy.
Payments are encrypted using 256-bit SSL. Powered by Stripe.