How to find consumer and producer surplus with excise tax #economics
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YouTubeEcon Examples Travis Klein
How to find consumer and producer surplus with excise tax #economics
A. Calculate consumer surplus and producer surplus assuming that the good is not taxed. B. Then, calculate the consumer surplus, the producer surplus, the tax revenues, and the deadweight loss assuming that each unit sold is subject to a $4 tax.
1.1K views1 month ago
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