Taxes and Perfectly Elastic Demand
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89 videosMicroeconomics- 7:51
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@mongoose121212
He has three degrees from MIT (a B.S. in Mathematics, a B.S. in Electrical Engineering and Computer Science, and a M.S in Electrical Engineering and Computer Science).
And he also has an MBA from Harvard Business School.
eldominicanboy 1 month ago in playlist Microeconomics
How much schooling do you have or do u just do it the good will hunting way by livin in the library?
mongoose121212 1 month ago
USA!!
a2m4m60 1 month ago in playlist More videos from khanacademy
I love how you upload this two days before my econ test.
heartsspadeclovers 1 month ago 2
plz upload cell biology lecture video
Toxin900 1 month ago
Salman Khan show us your taxes and demand in Bangladesh.....lol high quality demand for fish
goldensilverstar 1 month ago
Made in Taiwan and china. Also made in US means made by taiwanese and chinese from california/new york! Yay!
JasonCtutorials 1 month ago
lol bears
chris1816 1 month ago
This is very cool. Thanks for clarifying it. I hope more about the effects of taxation will come.
smacebr 1 month ago
@rooksman64 That would not be more precise. Retailers of the flags are not a variable in his depiction. As a variable in his depiction, a "seller" of said flag would have had to buy the flag from the producer in order to retail it for profit. The retailer may have paid the difference the producer was able to pass on to the product, but just as he says in this video the elastic nature of the demand parlays into a producers inability to truly negotiate on price without losing demand.
MrPolysyllabic 1 month ago