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Unformatted text preview: p (800+ )p=1200 p=1200/800+ Post tax: S=800p-400 D=1200- p 800p-400=1200- p (800+ )p=1600 p=1600/800+ p=(1200/800+ ) (1600/800+ ) p= 400/800+ p= 400/1000 p=0,4 f) The steepness of the supply and demand curve determines which side bears the burden. The steeper the curve, the greater the burden....
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- Spring '08