How does a tax or subsidy affect a market? What determines the distribution of the tax burden

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How does a tax or subsidy affect a market?

What determines the distribution of the tax burden (or subsidy benefit) between buyers and sellers?

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Microeconomics Private And Public Choice

ISBN: 9781305506893

16th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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Question Posted: Oct 24, 2024 05:00 AM

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How does a tax or subsidy affect a market? What determines the distribution of the tax burden (or subsidy benefit) between buyers and sellers?
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How does a tax or subsidy affect a market? What determines the distribution of the tax burden

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Microeconomics Private And Public Choice

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