Show on the graph what happens if instead the government imposes a $2 per ticket tax on movie goers. Identify the amount consumers now pay for a ticket and the amount movie theaters get to keep. How...

Show on the graph what happens if instead the government imposes a $2 per ticket tax on movie goers. Identify the amount consumers now pay for a ticket and the amount movie theaters get to keep. How is the economic burden shared? Compare your answer from when the statutory burden was on movie theaters. What impact does the statutory burden of a tax have on the tax incidence? Who bears the economic burden and why?



May 26, 2022
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