Microeconomics

Learn the toughest concepts covered in Microeconomics with step-by-step video tutorials and practice problems by world-class tutors

Introduction to Taxes and Subsidies

Introducing Taxes and Tax Incidence

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concept

Taxes and Tax Incidence

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example

Tax Incidence

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Problem

If a tax is levied on the sellers of a product, the demand curve:

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Problem

A tax was levied upon buyers of a good. What is the amount sellers receive after the tax is imposed?