Why would a consumers demand for a supermarket product change when the product price is quoted inclusive

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Why would a consumer’s demand for a supermarket product change when the product price is quoted inclusive of taxes rather than before tax? Is the same effect as likely for people buying a car?

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Microeconomics Theory And Applications With Calculus

ISBN: 978-0134167381

4th Edition

Authors: Jeffrey M. Perloff

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Question Posted: Jul 11, 2018 06:53 AM

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Why would a consumers demand for a supermarket product change when the product price is quoted inclusive

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Consumers do not always notice taxes that are add...View the full answer

Microeconomics Theory And Applications With Calculus

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