So —~> =e _ Chap 8 me ——~e Sivesky — Buarion bbe Sets Assorted. thay if, at New ps mH = less income ts norces 40 boy the oyna nde, than “Peal iname' 38 me ee _= lpi —. P= Move ome and ce — 2 —. PT ther the eal intone" is decreed \P Effects of a Pica Change. - (ex: When & Commodiy's price decreases) Se OS ecsstucates Sete -— Commedity © relorively Cheaper, $0 , Consumers Svofesev veit for vow. Plagively tore- Cxpersive Other Commodities Tove! When the P Of A Qocd Chmges, 2 son of effects > 3. the mie at whicr You con exchenge one Good for anorwer chorges bo. the foal purchasing Power of Your income ws altered ® Income Rect - Cnsemuts budgets of tn con purctunse noe then before, = As if the consumer's ina@me tose, Wi conte quart_f0Come — , = i 2 Cffects 0m quonwities demonded. Xe al Dipindai dengan CamScannerIP Pore Subnety eon Eece = bd S > Dp Sluesey rsolajed he Change ih demand due only 40 tne chonge | ta Se [elakve pros. 2 How? Ask “hoe if the chenge in O Wher the Consumer ''S {nc ome. a if dyes thet, a4 the pte P, she con only et buy dhe OG bus? Pp =P 3 Swe. offen Sometimes called the change to Compersated demand. 2 Gut bung Omporawe “or <_Ses it bung Ompencawd “bro Perea rite toy haat, thovele Nocuma gen - beck 40 Wim 40 purchase Wt ol bunate= = = om -S = - = _- = Paakal o ¢ Tou, budge = ona the armrest -_ Batt : Ss Slower Pi Makes ood 1 Felatively Cheaper and causes A subsiweion from = Good 2 +e goa). This tncr@asa in i 15) fre subsenvsion Fea. — ith — pike Income ile cx. 6 ° “| —- lowe Pe Makes it al ay if we pare | Nave a lagen bagee. For normal —S —- Qoods, this remtis 3a on incase mF ‘i ins fom the meome efter Ty {DP 4he Ovdrali Chon ge in comend. —_ 4040l Chinge ; ag 0 demand? SN Of —~SE—ena 16 & csé + 16) , Dipindai dengan CamScannerSISSSHOSSSSS SSS SSS ddd ADD ddd ddd odd dds [> Slouky's Eieos br Normal @oods ~ M0 goods are Normal _C Demena T Wier Mneowe TY Reinforce Cath othe (her a normal Qeed's Obn one Ox: Op oor yy Si_Mnalomen Sbte ini. = both Sel, 16 Increase Dr PP. falls Poomal goods ora: nary demons curve Slopes down Claw of doenuerd stloptng, denend apples) Tet for Worr Gooos ~ damon if (04 veed “py ight income . each oF Wwinen Ice is as for a normal good, But 16 - 1S in> opposite dea ten. ID Coleugtion Exo ple Of Sibsenuen flee 10.) soba Ktto 4 ™ | OF iname: $10 /wele , denen free. Corilte) » pe pice: 43 /qon. , Se IU (week. I fee eaten Avs =x Cp! m')- % CP.,m) Am: & Ap, + 1U (2-3) =-la : ft ibis Dipindai dengan CamScannerthe level Of income Mecevory to hee mmm =i204 Clu) £ l0G- So the - lo the New dened 2 WE GBs? Somat dn fos Mba N06) wa lo4 a 218d M (2, 106) - ¥1C 3,120) = IS,%-14 = 1D =P Cheneye, (acme Initial Cre) IP Glevation orample. of iow oe effect * C a, 0d 2le XK C2, WG) 11512. : Ew DY, =e mH CL IRO)- MOTO) 2 IS MS, B = OF mille -0 Mermal good for th ceosemen A Re milu Tobe mt 40a) choane 2 Dees AX Ae? CHO, ’,m') - % Ce. ,m)) ie +0 % Chm) - 4 Cet.m 9 Sluts ky raineay ) bY, = % CR'lm) - % (Gm) ID Sluisky's Efecr for Giffen -Go oas enwe extogme name. intorenitg. _\ncome Hea _may be leper mm Gi2e then the Sues effhra. Ag 4s as mt. law °F dovr wer - sloping damend 1S Wola tel For ext Cem ely Pacome inkerwr — Qpods. h Dipindai dengan CamScanner1D Speaal Gye of Suuky serwity . ©) Poser Gm ple vneris. i CSemua. Keen — IE) © OPHMAL choice GH the fome au the old one unen Ue por BL —e Ne sues effecr. CSE = 0) CQmice Chmae —o becouse IE 0) Perkoce Sus titutes t ce Waar He Ht the, BU the domensh semps: fom tre Vora) at 40 the hotental ans. ono shifting (ef+ to co. 2 all Cherpn by SE. & a} @ @ ©) Quasiliteor preference *Pe cor 1 ‘ 2A Shift Te iacome caus eS No Change io demend for good | wher *Qntie Chonge due to SE. ole £0. arnt i ID (0 eqn of dotvatves . heisien ‘Diels py, ty) Onn Pala © Dipindai dengan CamScannerChar 4 Buying’ & Selling” 2 Hobe 0 excronye —e buyer by Seller —* How pace Crowns Affect demands vai: With Wir A _Cony © denotes by Comega) o Gs wt Con, oy) = Clo 2) © CNdouwmnsg vale. if Pe 2% ma Me zd wm w We — 6 [Pore Pru, =] 210 + 2-% © 26 for” wine Cont, bundles may the Médowmer be ex Changed 2 ae forvany: brodie [Corting| Oo more then the tv valve @ the hee cong vi) A wndoumme — Kr err, 1s pies +Pr, + Por spre ane the lovdget ee it fOerar lL exctprme $ Po tPred 470, ROOF © iF ode pres change, +t het lever the ittal & pone. Che endowment Poins 6 aleays on the ‘ bedges — Baseraine. > Pex + Pe, = Pow tore Psi + Prinses = Plan + Mtoe 2 Pace Chonge Pivot the cénsiraint alot the & pol. a4 a Ane Constoint con ba Peiwéirer as PC x, = Od 4 PO x - 9d le the sum of the volves of A Crwmers het demonds is tere & nomoay hes Fury 2 at she _contrevy, Ss s > ol bas > > ia cad os mn sf es sr - 2 = al —_- = —_- 2 - = = 3 a = — — ~— = = ee : ul Dipindai dengan CamScannerow, Wad? Clo) pst Pea t Pixs paxg 2 Pont Pras zo Wy contvmen demands Cee X08 Cer) : { then units of good 4 eucrnge fe 2 unt of ceed 2. DB Oa- Wid 4 Pes - oH) 20 [Wet dem war bi. 207 -Y 4% Cu-2) =6 KP Wy F4rtoe@ 2°C-3) 4 a%g zo Ka"-wer G27 @ i the purchase Of 2 ext mts of geod 2 04 {3 each if Anges by Ging YP 8 Uns OF Qoca 1 at $2 each. pa-| ys = A eras CO, Pr) Gens Sells vats OP Yood! to mcqure gus? Rom) 4 PrOkr -W2) =o { Re Cee OD the Ga oe Units Of gos 2 40 Aeqrire mow of Good L. Pp! Cx nd + Pa'Cwr~ We) 20 Os paces CP", pa”) the Consumer @osumes SS her ersoumen , net _demonas are OW Vero xy ibis SSSSSSSSMSSVLSEDS SESS STE Dipindai dengan CamScannerS 3 S = the Price-offer cue Contains alt the Ueility = Manion tag gauss damends fer Wich the endowment Con bee exchanged => > —| > > > oF oy Pn —-?> as - _- Pf es - EF FF ZF - -F = - - - - —- — — rd — — Zh, @ as Dipindai dengan CamScannerLavor Sippy ‘ a La woreer is ergoued with fm of Monlabor tncoma by borg OF “Hime Which om be utes fom (aber / leaera — ws CRem) : Ke mo eons COT consumpnicn gooa's pra of Pe Wa ae “Commoaty C6) lnapemaibie glee ae CHR geom demands for Gnd. S004 (eho. Workers budge Constraint is PeC = Ww CR-R YAM c i hi La o Fetes at pecs wR = wRitm mal slr _theo eat ed i ae ane { Fe err onze tone 2 Oe bvai des CY dea sacnBe (2isee te SSSSSSSSSUSSULLL SUSE © Dipindai dengan CamScannerSlots ky 's Exuntton Reverted SHGSSG, ec chanea 40 demmdt Cavsed by Oo Pite change are the Sum of = Pure Suastitution effec om An tneome esfece Asim Income cm) cht roi Change of Pre Crenged. Bui the vate of © cherged with price, How does ths modty Surky's equation $ A Chege in p. Wlor Py changes Prove +P cur. G theewill be on additonal income Gect_, called the endo werent income effece. 1 Svtsky eampo seven wall the ew & eon ponintel 7 Pum fues6 ation effect f = Oren ey ¢ mers hall ian), name affect. = Clocamene income effect) inital pre ore Cp.’ Pr‘? Finals pra or OR Pe" 3 How is the Change tm dimer frum er ky) 40 Co" a") explained OO pure sbsseutton effect Ci) O 0 ~ erctnery mreome ‘aikers ("> DO endemet treume eflece ct) 3 > > o os ss o- -p = —_-p sp -_| - -s -s —_ - —_- - - - = = = = — = — > - Zs — 3 3 —_ Dipindai dengan CamScannerOverall Chenge in demend witd by A Chego in price * Sem of Ci) 4 Cu 4 C7) 1 Wher the pice of goset Changes , K Changes the value of your encbumort Cv ona thus Changes Your Mohey .dneome. 7 For exemple. F You are a ner Supplie Of a geed, thn a fall lo ie pdco will Cedv®@ Your Money income diracely Sine’ You went be able to Sell Your Celowmat for As much Money Of You covid before. = We will have the Some feces that we pou before Plus an 5 eaten Gace me affect Fam the toflvena of the prices on rhe Vale Of to bende. [> Numeacal —Exomple = dairy farmer prdiees 40 _quoris_of Mmihe a Werk. lnittal pra + 188 aqua. bit Dement fing, for hv oun mile ceemprea i Flot es monde 2 qifeet the Chonge 10 bit comend he to the Income —* $120 oO were. = sma he prodcng 40 Gort at $3, = Tne cclgmrora ye — Mawwl AG Bec Maalkh If pre Chergor to $2 = eome chorge NM: 2rAo 7 86 So. yt ton SE eI 2 20 Wo mony ‘income _cemoined fixgd at me $ite, he Wevld hove purcvowd ‘ (20 f qinlotae te 7 to -16 £ 2 ibis © Dipindai dengan CamScannerINTER TEMPORAL Copter to herter Feceive tome 10 "lumps" 2 2.9. monthly salary —* How mp sprat ov filleming moni Cesare now for Conrempenn late) hee is comm Romad by bereding por against Mecened at the Od of month © 1B Pre cna Fitre Vales ye = os Ort the 0» faved atthe shat of pe 4 becoma 9110 tte Stoo per 2 -_the vale 04 perect Of $1 tayes Noe is the fine valve of thas dollar. ial 3 32% fue 1te +m Fv = mcoa+r)y ~ $4 fr the Stee OP nt parca we ep dtnow feet Pind we dala hve $Cirr) > d4. 2 $m wuts now reams bm Ctr) As the tr of reer pared i ke Lene Are vale OF nm for winch mite? «1 ~ Prewm valve CPV) OF $4 obpacnea In Wo pon Dipindai dengan CamScannerIp Intersemporal Choice Protolen m —2 incomes peuived co — Gnempwons P= pre of consempeicns {© Given Srcomes_m 4% Qiva Pa brat 19 the must preferred bene of consempiren CC. C292 ~fior_onsncing, we Need *0 Kao 1. TAGHeMporal Lactgee _ CUNsEINE 7 2. interempom! Genser peror preferences . IP lnesempoml —_bucte et) Cont cmnt: gas 8 » ignore pote eects, suppose thar > Pre $1 suppue , Customer Chowe nos +2 Save oF to burrow. UES dL 2 so arm ona Sea me ne Coren) + CM, Mma) B the Ons bungie ifthe its Co Consumer Chooses Nether to Sove Nor +0 berrew ~ : 4 SS = Now Qreste ansme Spires Nothing on @Mempson in po ot %s Grol one Gnsemer saves, SM myenns - Meer me se = Period 2 —- Mo ott + Saving + inivee frm fo 2 rms 46 Cite ym © tral Mrcome in Por 2 7 Ma a Ch tM o Cre My + Cite dm 4 C01, C1)» in HCl) nel tate of dhe mame B the any berdie te Ped meeme B Saued | SSSSSSSSS5 Dipindai dengan CamScanner> Dow Sie Anime _Sprd eveything possible or» Gavempyen pu 4 tne Gr 20. thor ts the twos thet the aneme an bore i pe 3 agantt he pe 2 income of $rm 2% tbe Comont porenect) mopar 29 g = only $m, wall be avilable 10 Pay pace thi im pe 2 be Cote) = ma bee me Cory = $0 the lores pourble_peves | consumptten level rs enn oa Casta)? (ms eS 0) the Pram vale oF He Meome Chow one - FO, Sm nO — Swed ci é Peres 2 Conimpticn CQ, 2M. + Cite) om-c.y or ma C2 2 C. toe FM tae F214) deme 4 Cree) my SS—— PEARY CLLR SDS SISISSS Dipindai dengan CamScannerSlope + - Clr) + Saving @ : wecww owe my 4_tma T 1 Summeny Cite dO 402 2 Cite dm +m Weer AS of the be Sine all +oms orem peo + Iniertompoml budget Ovastorint Valves. 4ms_ 1 equivalent +40 yas! Cte nea ire = “presen - volved" form of the Gaiemine Since all 4e0mS ara in per L eerie valves. c ae Si aes em © Ada pris KL P2. be agent = tte : ID Intertemporal’ Choice weet sg © cu Pics Spor. Mi -PCr Sowect. Ave! Meme pe 2. May *HCMAT NGO SPTEDY GftiD te soo eo ses se - Pa ea 2 Med Cote) Cm MO a Clar> Pic, 4 PCr = Cl4r dm, + me CR. fom oF “2 9 Coat Pacis Mamet Ms Ball pny deem) Tar : Te SSSSSSSSSSMUSASSS SSS EOS: Dipindai dengan CamScannerPa Slope? - Cite Do~ Tha pies Pies Mm A sk Satine theron ID Pree Inflation inflation nave et Whore | pi Citst > 2 2 For_evemple 020,27 mens 20% Inflation Pit. Mims loot _infigtion PUUVARAUKARARAA ALKA ARRLLAVIL GSS We lee Nothing fry Seelag Newie tne —bedg on “COnserarot a the Slope ofbe rs Dipindai dengan CamScannerfor low Inflation roms (0-0), Fm» o-b for Wishe inflation mee thE apposeimeticn becomes P ver, | (> Comporonve Stow cs slepe 7 - CU+P) a the consumer Saves be us © © On ine (eAS27n_qhe_whlagen ae ED decrease in We interh tae > ce ee Flaten, the bvdges conseming | Lt Of a Centum saves ther Sawing A met fare are: red veed iby oe None Int@rest Me OF WNighe — Mflation mL 1D Valvity Secon sep = Fron) secen'ty —? Finercnl Wewoat that po mde to dete. tame Sim, ces Secorry thon Peys 2 $Ms ok Me eet oF Yoors o27 Hi ay dime Li iain ‘ediggae’ eat fale ims 3 luhat vu the moh trod shold ba pod now fo suit Jecen' Fan Cer ar whe Secu y is © Dipindai dengan CamScanner~ PV of 4m, pod Yeor Fm Now ohy 4m, a - dmg 3 si ~ Ws, = WV of the seousty: Tee * Zuey? " Cuards VD Valuing Bones - bond Pays Red omocny of 4% fe T yeas Cas Matrity vou) ond ther’ paw Hs “ee vale of $F. > the mess they Should new pe paid fr ch a bend? x “ & et eee ee try? UNC ree &: Sow luwy, Pare yw $1-000,0¢0 py it pars Oe (6 _Yares in hal ridlows of $100,000 ch. What Pate by: alter ove 4 $100, 000, SOO AEP ten Gua. {Cltera* IDaValaye Gnjoles on anciaind 4 Gensel or per ppty rey ber Wht Neve _fonminases,” paying bx Pe porod forever - 8 oe! 1 C20N nen bbe ver S —- 3 -r st Zs 3 = 4 — - —- = — = - s - — - _ _ -_ _ _ par) a > a. — ‘a 3 Z oS Dipindai dengan CamScannerCONSUMER'S Cert Chapter 14 T Whos is dhe moe A would pay to enter the market 2 UP 40 the dollar value of the gains to tmde You Would Oroy Gna im ibe market. 1D How cor fee gpins to trade be Meagered 2 Ctheee) © Concumer's _ Surplus ‘ 1 8 equivalent van'ation do these three mentees Co: © Compensating Variarion J Equivolere. ueiiey» gains C=» # Citome woods pony ro Fiat gallon 2 feervation prt fr 3% gateon Le § equvalas of the wnorginal vielity of ane fre gallon. ] (eo Ceservatien Price tor And galicen 4 Se on- Alneody Nas NA Hplea_, tae the mest She'll poy for the n-th golen - 4. ttn - PorM Will ve the cbllor equivalent of the toral ehonge 40 slity From acquiring 0 -galions of gateline a4 & price of $f acu. Teserwation Pia Cue =? pores Cy nr On. gains OV» Cnor_quae the some as Cust "6 demons Cve > i Tavalee, of net yey, gaint to Fede a ah nite ven wer, T Sausine con —~ =] o —e —e —2 2 2 2 —e —2 —® 2 2 2 —e 2 ih, —- te a Z Dipindai dengan CamScannertren 2 dha Ay on a u dee teoration Phe cme REPLACED Wf He the Gonsumer's ordinary demond are . Why not quite the Some 2 (© RE cove descnoes _Sequertialiy values of succevive single nits (> Pomond core dese the Molt thot word ae paid for 4 unis Simul canaasly, Consumer's Seep lug © Meare of Net viliy gain area ene RP Cre (ley Coreeepencing ores D ane) O40 > Conumes Serplus Re OD Ines enteey gam tee dterenco between Gnsumer's RP % OD Cwrve it dee 4o inwme efece. BUT, if ans vbbiy Arc. is quasilinear —e no income effeos . =O Guntemers Surplt _= ules uly gams-fo - trade > —> > —s?> > a > PP od > > > - —- - > —- = - - - => > + = - = - Ox: fvasilinesn fo Xe. UO Cx, xed =U Gad 1K take Pe2'. Then the Gonsvmer cli to maximize hx /he v.4ene _Subjecs +6 Pix; 4 Xz Sm. Ut Vind + Mm PK pipet Frese -ordy _Condiien ts Vices) - Py See ee ak OD cue, Pi FV Cx. © Dipindai dengan CamScannerGunsymner's Supls 0 an exam dollar meatcre of uelity Games Commodity 4 wher veiling fine. ¢¢ quasilinear tn Gaharwise, CS Iron approvimarien bo the Chop ge 40 A Gnsume's total urlry due 1 Cherge s the lent extra income that, at New Paces, ut (Oitores dhe Consume im Original vality level 2 “ Mus Dix! +Pe ke! ; in" 4 Pax Ce oe ps Pees te. x cu smi-m ieee Ne a Med Equivalent Vasanion . - oP. crises + the (ean ute inceme hat Consumer's Dipindai dengan CamScannerPris Pred Me ps tee 400 m= pK +O" Wa: Pi Xi" +02 % cs, Gv, EV. 'O elation 2° Wher the Grsumu's preteen cer are Quasi linear, all three Meares Gre the Some. 'felosen 2: In size, When o Pte Memye, EV < dos < Cv Producer's Qeep tus Chines PR's weipowe Cin $ measore) utp pra Cp) wen B.2NE PF pecdeing Y' Unite [0 the sem of meryinal coses, : @ — revere las VOis dre Producers Sples Benekt- Ost _Onalysrs - ener Gam / less Cases by o motters Me eta, 2 (a+ finpettnen / ct evel of mente» reyvicesn ) + by using Measrres Such a Cs » ps, ECR Sg Sf 1 054, Dipindai dengan CamScannereeeelal oh SD ele cand le oleae Aout aero \ * CRlocr price See as Pf) au 2) i omppde oh. spd SS _bplyg)\ Vaso iP © is on?) wares WO xq ot ayer i pig ets ® : eel ies . Jaga bs srocet ot! Gipsy NF ¥ Yo 3 ye 1) (se yesh ct W00 vem 10 aris gay sete vst Jo wiev wh dood d Dik fot henge sail vinvalst VOSoesesyyyyyysososresisidisisiiddddddddd: Dipindai dengan CamScannerMAR eer Orr (3. demand Consimet oretncey demond fnce for comme 2 ¥:* Cer. Pe, mi? hen Consume : a @ pra Waal, deranl Press gm Che Pa, i, madeae XCD, Blin) @ideweel th ¥'Cer, pr.) +> Nser' Ce. Pe, m) “hon 2omal Sum" OF snaiveual Gnsemes' demand One. 8: a to SS is Moria cloneny e, Clamiy var X W/ cpeer tw very rs. Ecegs le O¥ ay Ccomy use + © Fi demonces /Kpphed “L cespece 40 Garam (oun pra & ) 2 conon/SPply i _%Y (eipece to pe of cmme gg Cemupae @) + dnent /pply of cummo i Sf cesPen 10 tne@ee’ Came € ot income) buhy mor se he Slope OF chmend Curve to Mmensine sesiity Orn pre @ sw beawse the vole of sey hon ssa ae rt - 3 3 s = 4 = - - Elancitis f Susttiviig of one vor W/ cespect 40 anoshe. 3 - — - - - - - - es Zs a 3 on 3 Dipindai dengan CamScannerOren. pra Clasicty of demand. ALT fuo_of Plrentasy = flo unis of Memyurem ents. Pi Tae Cindepordnrsy Arc ora Yo Elasticies. © “averyo" oun. pee Glunaty of cumena over on inte cval valves for Pi 18 on are elynaty compred oy _tidporat fermut. © cepicry amped fr a Single Pp is _a." fins Classes WD Poine Ciel p Cee Ba Oi SK Yo AP, SP /p, er Oh euomple: Suppose Pi = &- PL thn, xi = CA-P) fb dg SPF ook ae Tae Pr a 2 SC) is ee - ne =e Ace 3 fi are Exto, = "ta-p5 re (po VSLVOLVULUMELEL ELE S SESS SSeSSTICTIT IIIT), t ‘ Cp 20) weer, SPP>' = varselaiic. a a te” Woe Serre gas oe > indlasne z o Gre = Rakisy, velest F de® @ ke, Seppe Mi A 5 % ibis: so, Eye, a © Dipindai dengan CamScannerKt hep. ES-W =p Conteant elaiscny, Dubryutrese « 4 hnes , 4018-73 Revenve ons dun -Price Basi ciy of Demond (0 Own pra inelaswe cemond 1 0m -price Clase derend COT =o sellers covenes T ) Cpt 20 seller’ revenves J) Cin mms pace crises 0 (raving Gmmo's pre cavses Wile decerase in U) @ lorye decrease mp 94) Hot) 4 pide * kp A PER 00 egy, * £¥¥ coy +e? Je EE. Hin Gp =O (A thong, Pree do cot Alte Sellon® ravene 7 thn BE >0, tm T>0 CP? anges Sells lake) Sellers! “cevenve. Dipindai dengan CamScanneras G Margina\ Re A - lapicy of denond Oute : eSelley' HR S the rate at whta, revere Charges W/ the qeonnity NUM pe oF units Sold boy the seller. {a EGP LP) PCq> -© Seles’ tnvewe D kee. fe, te pr@ at bch the elie. con sell 4. Reqd) = pcqd.g = MReq)d 2 ARCq) dea) Sees Te carl gee pce). dq ond 2S Se as é res MECH =peqy [14 7} €z-c ona (qr =0 _(Hlling one more ems deine nkben revence) F Ze £9 MRC <> Calling TORINO OMgiEAE FEA oma as ves Dipindai dengan CamScannerep ts EQUILIBR TAH: D = total query 9 oes Cy sees) CPS)’ » sep ma) ee shel ween Nas were eat 2 Peps) << Sep) 1 excey ing Sepples Ove 4 denmaed 10 Mortar pet @ tute fall_to erly pe ae 2Depu) > Scpu | CKcete jn 4 damancterr over q Sepia a 4 merteet — prve mes Se fowet— pe erompte Chinten) : Sapna ep es Seb Sep) : C+ap reaper eee Se eg PY 2 pare Dipindai dengan CamScannerGvontey Taxes PPleed ara mle of ft 1s atax of Lt paid en ACh unit tmcect sels? excise sax levied on bues + Sale tax R tax que ¢ maker — pris paid y bryes CP) highr by & from Po -Ps =t On peripere s ess. © bee reso reg een SD cp icp, 2) ——ap ae @, Conaitony Applied @ % mite teridd on elles / pages Oe #80) a @ ans sax of £4 las the me offecs ar on oxcae tax SERED. excise te Hs Coe by 44 -P rate Po c lore “Only Ps = Po-€ ae eee fee CE Ace Scene iS CHdpy Dipindai dengan CamScannerps 2 Cc -be Po=Prte =e Ac Ei de bie oe ae gt = PCPh>=SCPs) = atbpy - Ad +be-bde es bag e4ax Paid pe ot by the buyer = Ctde = Pepe = & Wars bsg PRm~Pp Ao ba etetal 4ax pord Se seers ss SSE ee ath eae 44% Inercence and Own -pr@ = — elasecities DoF Gent 40% cepnds upen tha On” “pra Olaskicites of O 4 S ae AMS (As Morker demon becomes (lsg Cun oP N@ elastic, tax Meidera@ Swify ces won of a$e uently tax BY alles (rue 03. Supply becomes (ess bw = pie olasnc) x Dipindai dengan CamScanner@ @ Deasivight loss = 408 -_Qun-Prie Olas tic. Ges @ “UY 10% imped 0» a comparive Markee MOdvexs he Guorkity te ded Ona $0 redves gan 40 4m J @ Cre. sum of sumars' ona Prdears' Sepluses) @ bese dota Surples th the tau's ceaanergnt (O86, 2F exats burden SM Conor (mua lines a < Ps los end towers Sexplur 40 Joversorert. ore lowes goiat Serpites o cerduersht lose falls a movrel demon becomes less oun - = pace. elarne tee tax cues No chad weight loss (Foun Go 20 or £5 <0, Ten Dipindai dengan CamScanner