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Where’s the model?
Deadweight loss of taxation with perfectly inelastic supply (ie no deadweight loss at all) and all the taxation allocated to the inelastic supply: https://en.wikipedia.org/wiki/Deadweight_loss#How_deadweight_loss_changes_as_taxes_vary
I added a comment on that in the main body of the post.
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1 vote
Overall karma indicates overall quality.
0 votes
Agreement karma indicates agreement, separate from overall quality.
Where’s the model?
1 vote
Overall karma indicates overall quality.
0 votes
Agreement karma indicates agreement, separate from overall quality.
Deadweight loss of taxation with perfectly inelastic supply (ie no deadweight loss at all) and all the taxation allocated to the inelastic supply: https://en.wikipedia.org/wiki/Deadweight_loss#How_deadweight_loss_changes_as_taxes_vary
I added a comment on that in the main body of the post.