中密苏里州立大学：《经济学原理——曼昆经济学原理》课程PPT教学课件（英文版）Chapter 8 Application：The Costs of Taxation

Tax Distortions and elasticities (c Inelastic Demand Price Supply Size f tax When demand is relatively inelastic, he deadweight loss of a tax is small Demand Quantity 0 H arc Inc. items and derived items c ht o 2001 by Harcourt, Inc

Harcourt, Inc. items and derived items copyright © 2001 by Harcourt, Inc. Tax Distortions and Elasticities... Quantity Price Demand Supply 0 When demand is relatively inelastic, the deadweight loss of a tax is small. (c) Inelastic Demand Size of tax

Tax Distortions and elasticities Price (a Elastic Demand Supply Size of tax When demand is Demand relatively elastic, the deadweight loss of a tax is large Quantity 0 H arc Inc items and derived items copyright C 2001 by Harcourt, Inc

Harcourt, Inc. items and derived items copyright © 2001 by Harcourt, Inc. Tax Distortions and Elasticities... Quantity Price Demand Supply 0 Size of tax When demand is relatively elastic, the deadweight loss of a tax is large. (d) Elastic Demand