TAX-EXAMPLE

TAX-EXAMPLE - Have fun, feel free to use your own numbers....

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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 $0.75. You can apply a tax to supply or demand only, or both.
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Unformatted text preview: Have fun, feel free to use your own numbers. Click on any point and the price and quantity will be shown. 250.00 2 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 N Price ($ per Pack) 75.00 300.00 325.00 350.00 375.00 400.00 ew York Cigarette Market Millions of Pack of Cigarettes...
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This note was uploaded on 04/18/2011 for the course ECON 1102 taught by Professor Tomczyk during the Spring '09 term at Temple.

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TAX-EXAMPLE - Have fun, feel free to use your own numbers....

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