Capitalism I
Materials for class on Monday, January 7, 2019
Contents
Slides
Download the slides from today’s lecture.
![First slide](/images/slides/slides_2019-01-07.png)
Pit market
Here are the supply and demand curves for paper clips. With no taxation, the equilibrium price should be $6; with tax, it is $7, borne equally by buyers and sellers.
And here’s how you did!