Elasticity and tax revenue

added article Financial Services

2023-04-13 20:08:37 -

Key points Tax incidence is the manner in which the tax burden is divided between buyers and sellers. The tax incidence depends on the relative price elasticity of supply and demand. When supply is more elastic than demand, buyers bear most of the tax burden. When demand is more elastic than supply, producers bear most of the cost of the tax. Tax revenue is larger...

0 Comments 0 Shares 5429 Views 0 Reviews

Sponsored

Smart Base for TV

A rotating TV base that suits your TV watching needs! This TV base can rotate and adjust to the amount of people watching it, to make it the best watching experience for everyone. It comes with a...

BigMoney.VIP Powered by Hosting Pokrov