Foundations of Economics, Student Value Edition (8th Edition)
Foundations of Economics, Student Value Edition (8th Edition)
8th Edition
ISBN: 9780134489230
Author: Robin Bade, Michael Parkin
Publisher: PEARSON
Question
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Chapter 8, Problem 6SPPA
To determine

To compute:

Whether more tax is paid by the seller or by the buyer, the tax revenue, andthe excess burden of tax. Whether the tax is proportional, progressive or regressive.

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