Excise Taxes, Consumer Demand, Over-Shifting, and Tax Revenue
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چکیده
منابع مشابه
The Principle of Comprehensive Cost, Applied to the Relation between Market Structure and Excise Tax Incidence
Perfect competition or Bertrand competition cause price to equal marginal cost, so that excise tax incidence can be illustrated with the most basic supply-demand diagram. Some results are: • excise taxes are shared by suppliers and demanders according to their relative price elasticities • holding revenue fixed, it doesn’t matter (for supply price, demand price, and quantity traded) whether the...
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