Price Amount Requested (Unit) Amount Offered (Unit) (IDR) 2400 2000 120 180 160 150 Based on the demand function and supply function that you got in question number 1 above, determine he new market equilibrium point if the government imposes a perunit sales tax (fixed tax) on the goods X" of Rp. 100 / unit. How much is the tax burden borne by consumers and the tax burden borne by producers, and how much is the government tax revenue
Price Amount Requested (Unit) Amount Offered (Unit) (IDR) 2400 2000 120 180 160 150 Based on the demand function and supply function that you got in question number 1 above, determine he new market equilibrium point if the government imposes a perunit sales tax (fixed tax) on the goods X" of Rp. 100 / unit. How much is the tax burden borne by consumers and the tax burden borne by producers, and how much is the government tax revenue
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter3: Demand Analysis
Section: Chapter Questions
Problem 11E: Federal excise taxes on gasoline vary widely across the developed world. The United States has the...
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