XtremePapers

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Y=C+S+T
when Indirect Taxes decrease C will increase
when Direct Taxes increase T will increase, so given the level of income is constant, S will fall.
But in year 2, since the reduction is for one year only, C and T will return back to what they were so S will also increase.
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Walaikum salam
AlphaBeta
AlphaBeta
(y) tnx and try dis > oct/nov 2013 ppr 33 Q13
dead weight shit i guess
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not sure.. asked in the thred..
AlphaBeta
AlphaBeta
Q8 , figured dat :D
AlphaBeta
AlphaBeta
we hav to minus da deadweight loss
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explain in the thread
AlphaBeta
AlphaBeta
btw do same year Q8 , headache sum :D u m8 enjoy :D
AlphaBeta
AlphaBeta
wasted around 1 hr tryin to get da logic :D , and also try V33 Q8 and V31 Q7
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yea men, quite hard, but i think i got it Alhamdulillah.
AlphaBeta
AlphaBeta
u got da MC tng ? V31 , got da odas but nt dat man :/
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MC is minimized when TC is getting flat
AlphaBeta
AlphaBeta
(y) thnxs , btw wat is ur theory fr da AVC and ATC lowest poiint ?
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i remember like, first slope AVC is minimised, second slope ATC is minmised :p
AlphaBeta
AlphaBeta
haha , i asked a guy ho did Further Maths and econ , he sed the dotted lines in V32 and V33 som diff
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