Tuesday, November 25, 2008

Unit 2: The menu Costs of Cutting VAT

The tutor2u blog has this good example of menu costs today

http://www.tutor2u.net/blog/index.php/economics/menu-costs-of-cutting-vat/#When:06:31:00Z

This BBC clip shows the effect on one firm

http://news.bbc.co.uk/1/hi/business/7757966.stm

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