Microeconomics
Why does the final market situation remain the same whether the tax is imposed on buyers or sellers?
In a graph showing a \$2 tax on buyers, what happens to the demand curve?
If the price paid by the consumer is \$8 and the amount received by the supplier is \$6, what is the tax amount?
If the consumer pays \$1.80 more and the seller receives \$1 less, how is the tax incidence split?
If a \$3 tax is imposed on sellers, how will the supply curve shift?
Why do taxes create market inefficiencies?
If the consumer pays \$1.50 and the producer pays \$0.50 of a \$2 tax, what is the percentage tax incidence for the producer?
What is the primary purpose of taxes according to the video transcript?
How does a per unit tax affect the price paid by the buyer and the amount received by the seller?
What happens to the price the buyer pays and the price the seller receives when a per unit tax is imposed?
