Here is the synopsis of our sample research paper on The Impact of Tax on Supply and Demand. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 4 page paper looks at the way the tax will impact on the supply and demand for goods in a market economy as well as associated issues such as the potential impact on the price ceilings and price floors, the impact on equilibrium price and the overall impact on the market. The bibliography cites two sources.
Page Count:
4 pages (~225 words per page)
File: TS14_TETaxSpD.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
followed is that the consumer pays the tax based on a percentage of the total sales value. The tax is paid to the retailer, it is then up to the
retailer to pay the tax to the relevant revenue authorities. If the goods are not sold their taxes are not paid. There are also other types of taxes which may
be levied on the producers, these include corporation taxes is and other types of taxes linked to and their input good. In many cases the producers may also be seen
to be consumers. Taxes on goods are therefore levied on consumers (Nellis and Parker, 2000). Question 2 Tax is likely to affect supply and demand of goods. The amount of
goods that demanded in an economy will be impacted by a number of factors; one of the major factors is a surprise. Generally, where the price of goods goes down
the demand for the goods will increase, likewise, where the price of goods increases in demand will decrease. The price for a good will usually be set by the which
supply and demand reach a point of equilibrium (Nellis and Parker, 2000). Tax is not an increase on the price of the good, but it is up increase on the
price at which you will have to pay to obtain a good. The price of the goods increases from the perspective of the consumer. If tax is imposed for increased
then the effect is the same as if there had been an increase in the cost of the good and demand will decrease unless there is another factor which will
compensate for the increase in tax. For example, if the tax is increased at the same time that there is an increase in the level of disposable income, however this
...