Amount of Tax of Initial Demand

Assume that D₀ is the initial demand curve for land in this demonstrated figure, and a land tax at a rate of t is imposed. Trying by the landlord to pass the tax forward to the renter, which will cause the: (i) supply curve of housing to shift rightward. (ii) supply curve of land to shift leftward. (iii) demand curve to shift upward to D₂, by the amount of the tax. (iv) demand curve by tenants facing the landowner to shift downward to D1, from the amount of the tax. (v) landowners’ profit to rise.

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