A political candidate is proposing a large increase in the tax on cigarettes and alcohol. he says I'm not proposing these taxes to raise revenue, but to discourage these obnoxious behaviors. if the prices of cigarettes and alcohol go up most people will quit using them entirely. after all, no one needs to drink or smoke. do you agree or disagree? why? use a graph to help illustrate.

A political candidate is proposing a large increase in the tax on cigarettes and alcohol. he says I'm not proposing these taxes to raise revenue, but to discourage these obnoxious behaviors. if the prices of cigarettes and alcohol go up most people will quit using them entirely. after all, no one needs to drink or smoke. do you agree or disagree? why? use a graph to help illustrate.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter7: Demand And Supply

Section: Chapter Questions

Problem 24AA

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