Discussion Questions

Running Head : DISCUSSION QUESTIONSDiscussion Question in Economics[Author][Affiliation[Date]DISCUSSION QUESTIONSConsumer periphrasis is the difference and the actual expenditure . In principle , the higher(prenominal) the ownr bare(a) , the higher is the welf atomic number 18 of consumers . Note present that consumers are not treated as individual entities instead as an aggregate What if this is not the case ? What if some consumers cannot pay to consume a secure at the market outlay ? Is it fair(a) to call a sales tax on the consumers to fit opportunities ? Definitely , imposing sales tax br on consumers will lessen consumer surplus hence , welfare .

In addition although the imposition of tax was fair , a big portion of consumers will be unable to buy the bulletproof (Note that there is still consumer surplus in this caseIn the type of an incomplete market , the government may gossip restrictions to the line of work and distribution of intimatelys to the consuming public (consumer choice needs to be analyzed on a case to case understructure . The second scenario is rather complicated . Here , we can read/write head a possible negative externality that is , the consumption of the good may harm one s health or prospect . To counter or lessen this , the government may impose taxes to cover the damage or shut down the unwaveringly producing the negative externality (even if there is a full disclosure of important details of the productIt is possible for the government to impose taxes ! on the firms (farms using groundwater . It is...If you want to get a full essay, polish off it on our website: BestEssayCheap.com

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