0:00 Introduction Incidence of Tax, Types of Incidence of Taxes 2:39 Three Rules of Tax Incidence 6:46 Diagram for Sharing of Tax Burden between producers and consumers 9:13 Diagram for sharing of Tax burden in case of perfectly elastic supply
So sir producers can shift the burden of direct tax as well as indirect tax ? And will this shift be same for a monopoly where he produces at the elastic part of the curve
0:00 Introduction Incidence of Tax, Types of Incidence of Taxes
2:39 Three Rules of Tax Incidence
6:46 Diagram for Sharing of Tax Burden between producers and consumers
9:13 Diagram for sharing of Tax burden in case of perfectly elastic supply
Beautifully explained in a simple way...❤
So sir producers can shift the burden of direct tax as well as indirect tax ? And will this shift be same for a monopoly where he produces at the elastic part of the curve
Nobody can shift the burden of direct tax
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