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
State about the prices - Price level Prices are of great significance in macroeconomics as indeed they are in microeconomics. Though, in microeconomics we are more interested i

What is the difference between change in quantity demanded and change in demand

The Free Enterprise:  Price System The free market system is where the decision about what is produced is the outcome of millions of separate individual decisions made by cons

Consider a hypothetical ABC economy in which the narrowly-defined measure of the  money supply (M1), as defined in the Canadian sense, in existence is 1250$ million. Assuming the e

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

Environmental economics goes back to the 19th century. Economists who research the planet are mainly worried with the idea of externalities, rare organic sources, and with the pro


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

what is the theory of supply

Inflation is defined as