consider the result suggesting that a consumer prefers to be subject to a lump-sum tax over an excise tax when they end up raisi
consider the result suggesting that a consumer prefers to be subject to a lump-sum tax over an excise tax when they end up raising the same tax revenue.Explain how and why the result is related to the consumers’ substitution effect.
ng the same tax revenue.Explain how and why the result is related to the consumers’ substitution effect.