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-Refer to Figure 15

Question 19

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  -Refer to Figure 15.7.If the supply curve for labor can be written as L = w/2 - 3/2 and the initial wage was $10,how much excess burden is created if there is a tax on wages of $2?
-Refer to Figure 15.7.If the supply curve for labor can be written as L = w/2 - 3/2 and the initial wage was $10,how much excess burden is created if there is a tax on wages of $2?

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Excess burden is the...

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