Title
(3) The Effect of Relative Price Elasticities on the Distribution of the Tax Burden
Topic Category
Tax Incidence
Publication Date
2011
Keywords
Price Elasticity, Tax Burden, Tax Incidence
Abstract
This demonstrates how the relative price elasticities of supply and demand affect the distribution of the tax burden between buyers and sellers.
Recommended Citation
Crane, Steven E., "(3) The Effect of Relative Price Elasticities on the Distribution of the Tax Burden" (2011). Principles of Microeconomics. Paper 30.
http://epublications.marquette.edu/microecon_learning/30
Run Time
12:23
Primary Discipline
Microeconomics
Skills Delivered
Ability to explain how price elasticity of supply and demand influences the distribution of an excise tax burden. Ability to demonstrate this with the standard market model.
Rigor Level
2000
Prerequisites
Previous Tax Incidence Videos