(微观经济学英文课件）Chap 8 Application：The Costs of Taxation.pptVIP

Harcourt, Inc. items and derived items copyright ? 2001 by Harcourt, Inc. (微观经济学英文课件〕Chap 8 Application：The Costs of Taxation Price 0 Quantity Quantity without tax Supply Demand Price sellers receive Quantity with tax Size of tax (T) Quantity sold (Q) Tax Revenue (T x Q) Price buyers pay Quantity 0 Price Demand Supply Q1 A B C F D E Q2 Tax reduces consumer surplus by (B+C) and producer surplus by (D+E) Tax revenue = (B+D) Deadweight Loss = (C+E) Price buyers pay = PB P1 Price without tax = PS Price sellers receive = Changes in Welfare from a Tax Without Tax With Tax Change Consumer Surpl