TheSimplylk's channel
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3 months ago
Global Economics - Global Exchange: Free Trade & Protection
July 2006
Societies have traded for thousands of years. However, the last 35 years have seen an explosion in world trade. How has this global integ...
TheSimplylk
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3 months ago
Global Economics - Global Capital Market: Risks and Rewards
july 2006
Today's world economy is becoming increasingly integrated. But what are the advantages and disadvantages of financial liberalization and ...
TheSimplylk
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4 months ago
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8 months ago
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8 months ago
equilibrium in perfect competition
explains why firms in perfect competition cannot sustain supernormal profits into the long run
TheSimplylk
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8 months ago
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8 months ago
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9 months ago
indirect taxation
a look at how unit, specific and ad valorem taxation affects price and quantity and why the relative elasticities of demand and supply impact the d...
TheSimplylk
commented:
like your chanel , its so useful. Would you be able to explain ( or add a vedio ) on the tax incident when the supply is perfectly inelastic , perfectly elastic and when the demand is perfectly elastic. ( also the similer kind of a explanation for the subsidy when the elasticities are as above ) ...
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9 months ago
incidence of tax.mov
This presentation shows the effect of a unit tax and how the incidence of tax falls on suppliers and consumers for different elasticities.
TheSimplylk
commented:
Could you pl explain more the situation when the supply is perfectly inelastic.
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9 months ago
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9 months ago
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9 months ago
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About TheSimplylk's channel
thanks for the vedio .
Would you kind be able to explan the short run industry supply curve?