Principles Of Microeconomics
Principles Of Microeconomics
13th Edition
ISBN: 9780135162170
Author: CASE, Karl E., Fair, Ray C., Oster, Sharon M.
Publisher: Pearson,
Question
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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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