TAX-EXAMPLE

TAX-EXAMPLE - to use your own numbers. Click on any point...

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Quantity PRICE (Dollars per Pack) Supply Demand Supply + Tax Demand - Tax 0.00 0.00 250.00 1.00 7.00 1.00 7.00 275.00 1.50 6.00 1.50 6.00 300.00 2.00 5.00 2.00 5.00 325.00 2.50 4.00 2.50 4.00 350.00 3.00 3.00 3.00 3.00 375.00 3.50 2.00 3.50 2.00 400.00 4.00 1.00 4.00 1.00 Adjust the per unit tax (numbers in red) and the graph will adjust.   The per unit taxes used in class are $1.50 and $0.75.  You can  apply a tax to supply or demand only, or both.  Have fun, feel free 
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Unformatted text preview: to use your own numbers. Click on any point and the price and quantity will be shown. 250.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 N Price ($ per Pack) 275.00 300.00 325.00 350.00 375.00 400.00 New York Cigarette Market Millions of Pack of Cigarettes...
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This note was uploaded on 03/29/2011 for the course ECON 1102 taught by Professor Tomczyk during the Spring '09 term at Temple.

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TAX-EXAMPLE - to use your own numbers. Click on any point...

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