Textbook Notes (368,334)
Canada (161,803)
Economics (924)
ECN 104 (388)
Eric Kam (21)
Chapter 8

Chapter 8

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Department
Economics
Course
ECN 104
Professor
Eric Kam
Semester
Winter

Description
Chapter 8 THE EFFECTS OF A TAX • The tax generates revenue equal to : tax * quantity after tax • This tax is included in the total surplus With the tax CS = A PS = F Tax revenue = B + D Total surplus = A + B + D
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