18 Taxes and Subsidies Exam Question - Ryan Teo SL Economics [email protected] How do indirect(excise taxes and subsidies lead to an over or

18 Taxes and Subsidies Exam Question - Ryan Teo SL...

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Ryan Teo SL Economics [email protected] How do indirect (excise) taxes and subsidies lead to an over- or underproduction of a good and allocative inefficiency? (10)Figure 1Figure 2

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