S E12: When Governments Intervene - Taxes, Price & Quantity Regulations
Think Like An Economist
Why Doesn't It Matter Which Side Is Attributed to Pay a Tax?
Juston: It doesn't matter whether we're taxing the buyers or the sellers of soda, that we get the same outcome either way. But i still find this kind of crazy. This was the hardest concept in all economics to understand. I mean, intuitively, it just seems like it should matter.
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