Tom's Tortillas.
Tom purchases X = wheat (mt) and makes flour tortillas Y = tortillas (tortillas) .
PX=$4800/mt TFC=$100
YUNITS: 0123456 TVC 100150180220300400TFCTCMC AVC ATC
-What is the level of TC for producing 0 tortillas (shutting down) ?
Tax
A compulsory financial charge or levy imposed by a government on individuals or entities to fund public expenditures.
Tax Per Unit
A fixed amount of tax imposed on each unit of a product or service sold.
Tax Burden
The measure of the financial impact of taxes on an individual or entity, often expressed as a percentage of income or revenue.
Sellers
Individuals or entities that offer goods or services for sale to buyers in the marketplace.