Title: Efficiency of TaxationThe graph shows the demand (D) and supply (S) for the oil market. Assume that ... Post by: bluejean on Nov 14, 2022 Efficiency of Taxation
The graph shows the demand (D) and supply (S) for the oil market. Assume that A=235, B=175, C=100, D=25, E=30, and F=135. What is the excess burden of a government imposed tax equal to (P4-P2)? Suppose this market suffers from a negative externality and the amount of the tax equals the marginal external cost of the externality. What is the excess burden of the tax? ▸ $130, $130 ▸ $330, $330 ▸ $130, $0 ▸ $330, $130 Title: Efficiency of TaxationThe graph shows the demand (D) and supply (S) for the oil market. Assume that ... Post by: greiner76 on Nov 14, 2022 Content hidden
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