Economists Do It With Models

Warning: “graphic” content…

Bookmark and Share
Practice Problem of the Day, 10/14/2013

October 14th, 2013 · No Comments
Practice Problem of the Day

This video shows how solve algebraically for the effect of a tax on a market as well as the government revenue collected from that tax and the deadweight loss created by the tax. The problem is taken from Principles of Microeconomics, 6th Edition, by N. Gregory Mankiw, and is Ch. 8 problem #11.

You can find more practice problems via the Practice Problem of the Day category archive or by visiting the Econ Classroom page. You can also be notified of new practice problems by subscribing to the YouTube channel.

Tags: Practice Problem of the Day

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

Leave a Comment