Taxes on a Buyer and a Seller

Governments use taxes as an imposed financial charge or levy upon an individual or legal entity to raise revenue for public-purposes. Learn how taxes affect buyers and sellers with this tutorial. Continue reading

Price Floor

Learn about the concept of a price floor and the impact it can have on pricing, consumer demand, and production. Continue reading

Price Ceiling

This Cramlet explains the concept of the price ceiling and the impact it can have on pricing, consumer demand, and production. Continue reading