Slope Versus Elasticity and the Burden of Taxation
Journal of Economic Education, Vol. 27, No. 3, pp. 229-232, Summer 1996
4 Pages Posted: 29 Dec 2009 Last revised: 3 Aug 2010
Date Written: Summer 1996
The burden of taxation is usually discussed in terms of elasticity of demand and supply. We show here that, at least for many students, merely using the slopes of demand and supply to yield the same conclusions will be more intuitively satisfying.
Keywords: Slope, elasticity, burden of taxation
JEL Classification: A22, A23
Suggested Citation: Suggested Citation