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JKE512E - Public Sector Economics Distinguish the effect of tax on supply and demand (you must provide illustration(s) as well as an explanation of the

JKE512E - Public Sector Economics

  1. Distinguish the effect of tax on supply and demand (you must provide illustration(s) as well as an explanation of the differences in the effect of the tax).
  2. Provide an example of tax imposed on buyer and explain why it is implemented.

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