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Essentials of Economics 7th Edition by Gregory Mankiw
النسخة 7الرقم المعياري الدولي: 978-1285165950Essentials of Economics 7th Edition by Gregory Mankiw
النسخة 7الرقم المعياري الدولي: 978-1285165950 تمرين 8
The city government is considering two tax proposals:
• A lump-sum tax of $300 on each producer of hamburgers.
• A tax of $1 per burger, paid by producers of hamburgers.
a. Which of the following curves-average fixed cost, average variable cost, average total cost, and marginal cost-would shift as a result of the lump-sum tax? Why? Show this in a graph. Label the graph as precisely as possible.
b. Which of these same four curves would shift as a result of the per-burger tax? Why? Show this in a new graph. Label the graph as precisely as possible.
• A lump-sum tax of $300 on each producer of hamburgers.
• A tax of $1 per burger, paid by producers of hamburgers.
a. Which of the following curves-average fixed cost, average variable cost, average total cost, and marginal cost-would shift as a result of the lump-sum tax? Why? Show this in a graph. Label the graph as precisely as possible.
b. Which of these same four curves would shift as a result of the per-burger tax? Why? Show this in a new graph. Label the graph as precisely as possible.
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The two tax proposals by the government ...
Essentials of Economics 7th Edition by Gregory Mankiw
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