Escolar Documentos
Profissional Documentos
Cultura Documentos
q
q
t MC (q) p t p MC
p v T v
1 1
Ad Valorem Tax Incidence
p
T = government revenue
v = lost profits
D+(part of) v = dwc of taxes
E = dwc of monopoly
typical firms supply curve
p
D
p p T typical firms
marginal cost curve
p v E
industry demand
q
q q