The effect of taxes on supply and demand
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- Опубліковано 11 вер 2024
- This video goes over some brief examples showing how a tax on sellers and then a tax on consumers will affect the efficient equilibrium in a supply and demand graph. For more information check out the post at www.freeeconhe...
Thanks! Very well explained. Appreciate it if you could use a marker next time so it'll be clearer.
explained so well thank you
Thankyou! Helps me alot!
It's the orange bandaid for me. No but seriously thanks!
So whats the answer? P1 or P2? please explain
you know the answer now? i need it and i still dont know haha
When put the tax on consumers, equilibrium price goes down. not up.
True, the price received(by sellers) goes down, but price paid (by buyers) will go up.
And the difference between the price that the consumer pays and producer receives is the tax per unit