'Initial equilibrium price' presentation slideshows

Taxes and markets. Most of the discussion will focus on: Excise taxes: taxes on specific goods, like gasoline, cigarette

Taxes and markets. Most of the discussion will focus on: Excise taxes: taxes on specific goods, like gasoline, cigarettes, and alcoholic beverages. When the government levies a tax on a good, who bears the burden of taxation (buyers or sellers)?

726 views • 21 slides

Econ 201 Lecture 2.3

Econ 201 Lecture 2.3. Supply Curves 1-14-2007. It's salmon vs. gold mining in Alaska vote. http://www.msnbc.msn.com/id/26182845/.

299 views • 16 slides

Econ 100 Lecture 2.3

Econ 100 Lecture 2.3. Supply Curves 10-7-2010. Figure 4.8 The Individual Firm Supply Schedule and Curve. Supply curve is a marginal cost (MC) curve. Market Supply. The market supply curve is the horizontal sum of all the individual firm supply curves.

329 views • 15 slides

Econ 100 Lecture 3.3

277 views • 14 slides

Lecture 2.5

Lecture 2.5. Leftovers: Elasticity, Market Equilibrium & Interesting Questions. Demand Elasticity & Total Revenue Change. TR Max. Ed < 1. Ed > 1. Ed = 1. Demand Curves. Properties Marginal Value: (incremental) value of the next unit demanded

137 views • 13 slides