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Author Question: Because the supply of land is perfectly inelastic, when governments tax land, the tax (Read 64 times)

mynx

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on: May 24, 2019
Because the supply of land is perfectly inelastic, when governments tax land, the tax
◦ creates a deadweight loss because the supply is fixed.
◦ decreases both the demand for and the supply of land.
◦ creates no deadweight loss because the equilibrium quantity is the same as without the tax.
◦ increases the supply of land because the landlord pays all of the tax.
◦ decreases the supply of land because the landlord pays all of the tax.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by mynx on May 24, 2019

ryansturges

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mynx

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

nanny

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Reply 3 on: Yesterday
Wow, this really help

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