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AP®︎/College Microeconomics
Course: AP®︎/College Microeconomics > Unit 2
Lesson 8: The effects of government interventions in markets- Rent control and deadweight loss
- Minimum wage and price floors
- Price and quantity controls
- How price controls reallocate surplus
- The effect of government interventions on surplus
- Taxation and dead weight loss
- Example breaking down tax incidence
- Taxes and perfectly inelastic demand
- Taxes and perfectly elastic demand
- Tax Incidence and Deadweight Loss
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Tax Incidence and Deadweight Loss
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