How do effects differ from those of per unit excise tax
Using long run supply and demand curves, analyze the effects of an ad valorem excise tax equal to 20 percent of the market(selling) price of gasoline. How do the effects differ from those of the per unit excise tax?
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An ad valorem excise tax equal to 20 percent of the market(selling) price of gasoline. How do the effects differ from those of the per unit excise tax?
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