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PED and the burden of tax (HL only)

This page contains student access to the activities for the teacher page: PED and the burden of tax (HL only) Price elasticity of demand (PED) - A measure of the responsiveness of quantity demanded to changes in price. Price elasticity of supply (PES) - A measure of the responsiveness of quantity supplied to changes in price. Incidence of taxation - the share of tax paid paid by both the consumer, in the form of...

Tags: tax burden, producers, consumers, PED

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