Describe the effects of taxation and price controls on the economy.
Is the tax levied on the produce or consumers?
How does the tax affect supply or demand?
How does the tax affect the equiliberum price and quantity?
In this market, describe hypothetical situation where a price ceiling and floor could be imposed. What implications would this have for the market??
Choose your answers wisely.. Any articles to back-up your answers???
2007-09-30 15:25:50 · 2 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Other - Taxes
Actually this looks like your school work..which would be better if you do yourself..
2007-09-30 15:30:55 · answer #1 · answered by MeInUSA 5 · 0⤊ 1⤋
Sorry, but I don't do homework any more. I especially don't do homework that could result in a small book, especially for free.
2007-10-01 06:21:24 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 1⤋