Interesting take on what sort of things are taxed. I'd never actually stopped and thought about the fact that productive work is what is taxed the most in pretty much all developed countries.
Can someone get me away from my parents in Las Vegas, Nevada, so I do not have to see them again nor my other immediate relatives? They will just torment me with emotions of failure and guilt until I die. I am near the Charleston and Buffalo Blvd, intersection. My life is about being tormented with guilt and failure around Bonnie and Terry Tipton and my other immediate relatives like my sister, her husband, and my nephews. It is like some entity has arranged me to be around them so I kill myself. My dream is to be around other people who do not torment me with emotions of failure and guilt.
Thank you again for the wonderful material. Another question: why do we plug the elasticity of supply to calculate the percent share of the consumers? Why don’t we plug in the elasticity of the demand to calculate percent share of consumers?
You're welcome! Glad the videos are helpful. The share of the tax that each side bears is a function of its elasticity as well as the elasticity of the other side of the market. If you would like to see the algebraic derivation of the statements that I present, you can find it in this paper: Price Elasticity, Tax Incidence, and Sales Volume: A Simple Model, by Joseph Eisenhauer.
Interesting take on what sort of things are taxed. I'd never actually stopped and thought about the fact that productive work is what is taxed the most in pretty much all developed countries.
Can someone get me away from my parents in Las Vegas, Nevada, so I do not have to see them again nor my other immediate relatives? They will just torment me with emotions of failure and guilt until I die. I am near the Charleston and Buffalo Blvd, intersection. My life is about being tormented with guilt and failure around Bonnie and Terry Tipton and my other immediate relatives like my sister, her husband, and my nephews. It is like some entity has arranged me to be around them so I kill myself. My dream is to be around other people who do not torment me with emotions of failure and guilt.
The dog of my parents only barks at me, and only in anger when I am around them. f I am alone with this dog, it does not make a sound. This spooks me.
Thank you very much. After watching this video, calculating tax was a piece of cake to me! Thank you once again
You're welcome. Taxes can be challenging....glad this helped you.
Good video! It helps me understanding more about these topics in mathematical perspective, although I am actually having a principle class.
Thank you! I'm glad the videos help!
Perfect timing!
Glad to help!
Thank you again for the wonderful material.
Another question: why do we plug the elasticity of supply to calculate the percent share of the consumers? Why don’t we plug in the elasticity of the demand to calculate percent share of consumers?
You're welcome! Glad the videos are helpful. The share of the tax that each side bears is a function of its elasticity as well as the elasticity of the other side of the market. If you would like to see the algebraic derivation of the statements that I present, you can find it in this paper: Price Elasticity, Tax Incidence, and Sales Volume: A Simple Model, by Joseph Eisenhauer.
Please can you make Some microeconomics word problems?
our country most frequency happened this kind of situation LK