Answered: Calculate the value of indirect taxes…

Calculate the value of indirect taxes for the following two cases:- (1) Indirect tax = 0 , subsidies = $100 (2) indirect taxes = $200 , subsidies = $130

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter22: The Public Sector

Section: Chapter Questions

Problem 10SQP

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Question

Calculate the value of indirect taxes for the following two cases:-

(1) Indirect tax = 0 , subsidies = $100

(2) indirect taxes = $200 , subsidies = $130

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