Economics
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Boundless Economics
Taxes and Public Finance
Progressive, Proportional, and Regressive Taxes
Economics Textbooks Boundless Economics Taxes and Public Finance Progressive, Proportional, and Regressive Taxes
Economics Textbooks Boundless Economics Taxes and Public Finance
Economics Textbooks Boundless Economics
Economics Textbooks
Economics
Concept Version 5
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Tax Incidence and Elasticity

Tax: Similar elasticity for supply and demand

Tax: Similar elasticity for supply and demand

When a tax is imposed in a scenario where demand and supply exhibit similar elasticities, the tax burden is shared.

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    http://upload.wikimedia.org/wikipedia/commons/thumb/0/03/Tax_incidence_(mixed).svg/300px-Tax_incidence_(mixed).svg.png CC BY-SA.

Related Terms

  • inelasticity
  • elasticity
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