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Microeconomics
Course: Microeconomics > Unit 4
Lesson 2: Market interventions and deadweight loss- Rent control and deadweight loss
- Minimum wage and price floors
- How price controls reallocate surplus
- Price ceilings and price floors
- Price and quantity controls
- The effect of government interventions on surplus
- Taxation and dead weight loss
- Example breaking down tax incidence
- Percentage tax on hamburgers
- Taxes and perfectly inelastic demand
- Taxes and perfectly elastic demand
- Economic efficiency
- Lesson Overview: Taxation and Deadweight Loss
- Tax Incidence and Deadweight Loss
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