# Excise duty, subsidy and collective goods

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Slide 1: Tekstslide
EconomieMiddelbare schoolvwoLeerjaar 3

In deze les zitten 18 slides, met interactieve quizzen en tekstslides.

Lesduur is: 30 min

## Onderdelen in deze les

#### Slide 3 -Tekstslide

Qd = - P + 8
Q s = 2 P - 4 (excluding excise duty)
Calculate the equilibrium price

#### Slide 4 -Open vraag

Equilibrium price
Q s = Q d
2 P - 4 = - P + 8
+ 4          + 4
2 P = - P + 12
+ P             + P
3 P = 12
P = 4

#### Slide 5 -Tekstslide

Equilibrium price = 4
Q s = 2 P - 4
Q d = - P + 8
calculate the equilibrium quantity

#### Slide 6 -Open vraag

Equilibrium price = 4
Q s = 2 P - 4
Q d = - P + 8
calculate the equilibrium quantity
Equilibrium price = 4
Q s = 2 P - 4
Q d = - P + 8
calculate the equilibrium quantity

p = 4 --> Q s = 2 x 4 - 4 = 4
p = 4 --> Q d = - 4 + 8 = 4

#### Slide 7 -Tekstslide

Q d = - P + 8
Q s =2 P - 8 (including excise tax)
Calculate the new price and quantity

#### Slide 8 -Open vraag

Q d = - P + 8
Q s =2 P - 8 (including excise tax)
Calculate the new price and quantity
Q s = Q d
2 P - 8 = - P + 8
+ 8          + 8
2 P = - P + 16
+ P           + P
3 P = 16
P = 5,33
P = 5,33 ---> - 5,33 + 8 = 2,67

#### Slide 9 -Tekstslide

Decrease as a percentage
(2,67 - 4)/ 4 X 100 % = - 33,3 %

#### Slide 10 -Tekstslide

Subsidy
Giving money to a supplier or consumer to lower the price of certain products

Museums
Solar panels
Football clubs

#### Slide 16 -Tekstslide

What is a pure collective good
A
Education
B
Security of a building
C
Milk
D
Making laws by the parliament

#### Slide 17 -Quizvraag

1
2
3
4
The governments finds the price of beer to low
The quantity of beer sold has been decreased
Excise tax is levied on beer
The price of a beer increases