1. Lectures in Microeconomics-Charles W. Upton Taxing a Competitive Industry

2. Competitive Diversity How can cost functions differ? Economic and Accounting Profits Taxing a Competitive Industry Consumer and Producer Surplus

3. Taxing a Competitive Industry A Tax with Horizontal Long Run Supply Curve D p min Q Q* T P min + T

4. Taxing a Competitive Industry Upward Sloping Supply Curve D Q S P

5. Taxing a Competitive Industry A Tax Increase D Q S P S+T T

6. Taxing a Competitive Industry It Gets Shifted D Q S P S+T T PCPC PSPS Q*

7. Taxing a Competitive Industry How Much Gets Passed

8. Taxing a Competitive Industry How Much Gets Passed

9. Taxing a Competitive Industry End ©2006 Charles W. Upton