The Mathematics of Incidence of Taxation (Rule 3)

Опубликовано: 24 Октябрь 2024
на канале: Rudrarup Mukherjee, Economics [Faculty RTC]
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This video mathematically explains the transfer of the burden of indirect taxes by the producers to the consumers. This video explains that the share of burden that can be transferred to the consumers depends entirely upon the price elasticities of demand and supply and it proves the 3rd rule of the incidence of taxation mathematically. Earlier, this has been proved graphically, viewers can go through that
   • Incidence of Taxation: Rule -3