Intermediate Microeconomics and Its Application 12th Edition by Walter Nicholson,Christopher Snyder

تمرين 2

''Firms don't pay taxes, only people pay taxes'' is a favorite slogan of the Wall Street Journal. But our analysis in this chapter shows that in the long run (with an upward-sloping supply curve), at least some portion of a unit tax is paid out of producer surplus. Is the Wall Street Journal wrong?