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Documents McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter....

Slide 1McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 03 The Concept of Elasticity and Consumer and Producer Surplus…

Documents The Incidence of Taxation. The incidence of taxation Indirect taxes.

The Incidence of Taxation The incidence of taxation Indirect taxes S P Q O Effect of a tax on the supply curve S + specific tax S P Q O Effect of a tax on the supply curve…