03_Staatseingriffe & Effizienz I Flashcards

1
Q

Was ist ein Höchstpreis ?

Was passiert wenn er unter das Gleiwicht ist ?

A

A price ceiling is a legal maximum on the price of a good or service.

An example is rent control. If the price ceiling is below the equilibrium price, the quantity demanded exceeds the quantity supplied. Because of the resulting shortage, sellers must in some way ration the good or service among buyers. There is a shortage = Übernachfrage.

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2
Q

Was ist ein Mindestpreis?

Was passiert wenn der Mindespreis über das Gleichgewicht ist ?

A

A price floor is a legal minimum on the price of
a good or service.

An example is the minimum wage. If the price floor is above the equilibrium price, the quantity supplied exceeds the quantity demanded. Because of the resulting surplus, buyers’ demands for the good or service must in some way be rationed among sellers. It causes a surplus = Überangebot

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3
Q

Wovon hängt die Steuerindiz ab ?

A

The incidence of a tax depends on the price elasticities of supply and demand.

Most of the burden falls on the side of the market that is less elastic because that side of the market can respond less easily to the tax by changing the quantity bought or sold.

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