Effect of tax on industry''s long run supply curve, Microeconomics

The Industry's Long Run Supply Curve

*  The Effects of Tax

- Earlier we studied how firms respond to taxes on an input.

- Now, we will consider how firm responds to tax on its output
Effect of Output Tax on Competitive Firm's Output

344_effect of tax.png

Effect of an Output Tax on Industry Output

2260_effect of output tax.png

Posted Date: 10/12/2012 5:56:46 AM | Location : United States







Related Discussions:- Effect of tax on industry''s long run supply curve, Assignment Help, Ask Question on Effect of tax on industry''s long run supply curve, Get Answer, Expert's Help, Effect of tax on industry''s long run supply curve Discussions

Write discussion on Effect of tax on industry''s long run supply curve
Your posts are moderated
Related Questions
Trends in the Growth of Production and  Productivity: From an analysis of the trends of growth of production and productivity of agricultural sector as a whole and of differen

Conventions as a Basis for Forming Expectations : Since there is little objective basis for probability distributions about future yields, decision-makers have to act on the ba

Explain the Demand Pull Inflation Demand Pull Inflation:    Occurs when aggregate demand exceeds aggregate supply. If there is an excess level of demand in the economy, this w

what is the relation ship between mp,tp,ap

For the following assume that b=.95 1, If the economy is short of the full employment level by 1.5 trillion, what could be done in the simple Keynesian cross model to fill the ga

What are the most important challenges that economists try to address? (ii) What is the role of government in a market based economy? (iii) Who are the main economic players and w


Variable and Total cost curve    * Consequently (from the table which is given): - MC initially decreases with increasing returns  0 through 4 units of output

illustration for demand of big macs using indifference curve and budget line

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4