Taxes on Producers- Microeconomics 2.11 ACDC Econ



I clarify excise taxes any clearly show what transpires to client surplus, producer surplus, and deadweight reduction as a consequence of a tax. Make confident to look at the section about tax incidence and who pays the greater part of a tax.

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40 Comments on “Taxes on Producers- Microeconomics 2.11 ACDC Econ”

  1. You've been the reason I was able to get through Econ 101. I am eternally grateful Mr.Clifford.

  2. This is the first time I ever comment on something after probably about 5 years. I have to thank you for your videos man. I got my final tomorrow and this finally makes sense to me. Thank you!

  3. İ dont understand why they share tax. If cost of milk is 3$ and tax is 2 $ why cost is not 5?

  4. Iam reading the comments and seems like everyone understands it , i get it a bit but i feel like iam the only stupid one here gosh.

  5. I really thankful for this video , because right now I'm in Taiwan and it is hard for me to listen chinese language.
    thank you Professor It is really helpful

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  7. Could you explain why the second diagram is inelastic ? I calculated the Elastic Demand of it and the result was -.11818 = 1.1818
    The problem is that 1.1818>1 then it would be Relatively Elastic. Thanks

  8. Things that I never learned in lectures and self-study, now I've become master by merely watching them on this channel and more importantly in just a few minutes. Tons of thanks for this extraordinary channel which made things quite understandable for all its followers.

  9. Hi Jacob, I've been doing Economics this study period and watching your videos which have been a great help. Keep it up, you've got an excellent way of simplifying economic theories that makes it easier to understand

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