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Author Question: Cigarettes are highly addictive and therefore have a very low elasticity of demand. A $2.00 increase ... (Read 72 times)

magmichele12

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on: May 24, 2019
Cigarettes are highly addictive and therefore have a very low elasticity of demand. A $2.00 increase in the national sales tax on cigarettes would likely cause the price paid by buyers of cigarettes to
◦ increase by more than $1.00 but less than $2.00.
◦ increase by $2.00.
◦ increase by more than $2.00.
◦ increase by less than $1.00.
◦ remain unchanged.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by magmichele12 on May 24, 2019

aloop

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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magmichele12

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Reply #2 on: May 24, 2019
Excellent


aloop

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Reply #3 on: May 24, 2019
Great! Please up vote :D


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