Welfare of Markets, Taxes and Price Controls
Автор: Andrea Walters
Загружено: 2024-09-23
Просмотров: 101
This video reviews a participation activity that reviews how to calculate consumer surplus, producer surplus, total market welfare, and then looks at imposing an excise tax and measuring the effect. I also talk briefly about how we might measure the success of a tax, and then review binding and nonbinding price ceilings.
Let me know what questions you have!
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