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Topic:
Microeconomics: Taxes and Surplus
Coursework Instructions:
tax homework for intro level economics
Coursework Sample Content Preview:
Microeconomics: Taxes and surplusName
1 Match the burden of taxation and show the tax burdens on the graphs.
Which shows a higher burden of taxation for buyers? BWhich graph shows a higher burden of taxation for sellers? AWhich graph shows the burden of taxation shared equally? CGraphically show the burden of taxation in each graph below.
a. Find consumers surplus before taxes. A+B+C
2 Find the surplus.
* Find producers surplus before taxes. D+E+F
* Find the market surplus before taxes. A+B+C +D+E+F
*
* Find the consumers surplus after taxes. A
* Find producers surplus after taxes. F
* Find the tax revenue (government surplus). B+D
* Find the market surplus after taxes. A+F
Updated on
1 Match the burden of taxation and show the tax burdens on the graphs.
Which shows a higher burden of taxation for buyers? BWhich graph shows a higher burden of taxation for sellers? AWhich graph shows the burden of taxation shared equally? CGraphically show the burden of taxation in each graph below.
a. Find consumers surplus before taxes. A+B+C
2 Find the surplus.
* Find producers surplus before taxes. D+E+F
* Find the market surplus before taxes. A+B+C +D+E+F
*
* Find the consumers surplus after taxes. A
* Find producers surplus after taxes. F
* Find the tax revenue (government surplus). B+D
* Find the market surplus after taxes. A+F
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