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Author Question: Effect of TaxationThe graph shows the market for cigarettes. Assume that P1=$9.00, P2=$9.45, ... (Read 413 times)

Darron12

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on: Nov 23, 2022
Effect of Taxation

The graph shows the market for cigarettes.
 

Assume that P1=$9.00, P2=$9.45, P3=$9.75, Q1=240, and Q2=260. Because smoking creates a negative externality, the government has decided to tax the purchase of cigarettes by $0.75. With this tax, ________ cigarettes are sold at a price of ________. The government earns ________ in tax revenue. Consumers pay ________ percent of the tax. Please round your answer to two decimal places.
◦ 240, $9.75, $2340.00, -39.00
◦ 260, $0.05, $2457.00, -39.00
◦ 260, $0.05, $195.00, 40.00
◦ 240, $9.75, $180.00, 40.00
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by Darron12 on Nov 23, 2022

zubair1583

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Reply #1 on: Nov 23, 2022
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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Darron12

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Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

bigcheese9

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Reply 3 on: Yesterday
Excellent

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