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MrsAngelD MrsAngelD
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6 years ago
A consumer purchases housing (H) and spends the remainder of income on the composite good (C). The government is considering one of two policies. Policy A taxes housing by $50 per unit consumed. With the tax in place, the consumer purchases 100 units of housing. Policy B collects a lump-sum tax of $5,000 from the consumer's income. Compare the effects of the policies on the consumer's utility/well-being and the amount of housing and composite goods purchased.
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Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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SaHiN22SaHiN22
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6 years ago
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MrsAngelD Author
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6 years ago
Brilliant ツ
sadiewolf
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Yesterday
Correct Slight Smile TY
Shuqin
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2 hours ago
Thanks
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