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Author Question: Explain why a tax increase on cigarettes in one state might not lead to a substantial price increase ... (Read 64 times)

jho37

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on: Jul 1, 2018
Explain why a tax increase on cigarettes in one state might not lead to a substantial price increase for all consumers in that state.
 
  What will be an ideal response?

Question 2

Government revenue from an excise tax of a given amount is greater when demand is relatively inelastic than when it is relatively elastic.
 
  Indicate whether the statement is true or false
Microeconomics ¦ Perloff ¦ 8th Edition
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ricroger

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Reply #1 on: Jul 1, 2018
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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jho37

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Reply 2 on: Jul 1, 2018
:D TYSM

Animal_Goddess

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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