This topic contains a solution. Click here to go to the answer

Author Question: Article Summary Among a package of anti-smoking bills designed to lower California's health care ... (Read 63 times)

rl

  • Hero Member
  • *****
  • Posts: 579

Article Summary


Among a package of anti-smoking bills designed to lower California's health care costs by reducing the use of tobacco products is a bill sponsored by Dr. Richard Pan that would increase the tax on a pack of cigarettes by $2. California currently has a tobacco tax of 87-cents-per-pack, making California's tax 33rd in the nation and well below the New York state tax of $4.35 a pack. The state taxes are in addition to a $1.01 federal tax on cigarettes. The bill stipulates that the revenue collected must be used to increase the number of physicians in California as well as support existing health care programs managed by the state. A Field Poll taken one day following the announcement of the bill found that two-thirds of California voters support the increase in the cigarette tax.
Source: Tracy Seipel and Jessica Calefati, "Cigarette tax: California voters overwhelmingly back $2-a-pack increase," San Jose Mercury News, August 27, 2015.


Refer to the Article Summary
. The additional tax of $2 per pack of cigarettes being proposed by Senator Pan would have which of the following effects on the market for cigarettes in California?


◦ Consumer surplus will decrease.
◦ Producer surplus will increase.
◦ Deadweight loss will decrease.
◦ Market efficiency will increase.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by rl on Mar 15, 2019

Carliemb17

  • Sr. Member
  • ****
  • Posts: 325
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.
Answer Preview
Only 25% of students answer this correctly




rl

  • Member
  • Posts: 579
Reply 2 on: Mar 15, 2019
YES! Correct, THANKS for helping me on my review


juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

For a complete list of videos, visit our video library