Chapter 8 Application Cost of Taxation

Chapter 8 Application Cost of Taxation - Tax revenue = is...

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Dead Weight - Reduction in total surplus in tax Sellers and buyers share the tax burden
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Unformatted text preview: Tax revenue = is the box of the size of the tax T x Q(t) Wary...
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This note was uploaded on 10/28/2008 for the course ECON 101 taught by Professor Nick during the Spring '08 term at East Carolina University .

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