This video by @enhancetuition explains the impact of ad valorem taxes, the incidence (burden) of ad valorem taxes and how elasticity affects the impact of ad valorem taxes.
Back to: Papers 1 & 2
Economics A Level examiner. Experienced Economics and Maths teacher & Head of Economics department.
This video by @enhancetuition explains the impact of ad valorem taxes, the incidence (burden) of ad valorem taxes and how elasticity affects the impact of ad valorem taxes.
Back to: Papers 1 & 2