Effect Of Taxes And Subsidies On Price
Taxes and subsidies change the price of goods and, as a result, the quantity consumed.
Read more about Effect Of Taxes And Subsidies On Price: Tax Impact, Subsidy Impact, Effect of Elasticity, An Illustration
Famous quotes containing the words effect, taxes and/or price:
“Before the effect one believes in different causes than one does after the effect.”
—Friedrich Nietzsche (1844–1900)
“Note, besides, that it is no more immoral to directly rob citizens than to slip indirect taxes into the price of goods that they cannot do without.”
—Albert Camus (1913–1960)
“One has to have run a household before one can know the price of rice and firewood, and one has to have raised children before one can understand a parent’s love.”
—Chinese proverb.