EBK PRINCIPLES OF MICROECONOMICS
12th Edition
ISBN: 9780134069180
Author: Oster
Publisher: YUZU
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Question
Chapter 19, Problem 2.4P
(a)
To determine
Calculate the value of per-unit payroll tax.
(b)
To determine
Calculate the value of per unit price of labor faced by the firms after the imposition of tax.
(c)
To determine
Calculate the value of wage rate of workers after the imposition of tax.
(d)
To determine
Identify the labor demand and labor supply after the imposition of tax.
(e)
To determine
Identify the new equilibrium wage rate.
(f)
To determine
Calculate the values of total tax collection and excess burden on employers after the imposition of tax.
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EBK PRINCIPLES OF MICROECONOMICS
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