Answered: Governments impose excise taxes on…

Governments impose excise taxes on goods that have inelastic demand, such as cigarettes, more often than in other cases. Why?

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter6: Elasticity

Section6.4: The Relationship Between Taxes And Elasticity

Problem 3ST

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Governments impose excise taxes on goods that have inelastic demand, such as
cigarettes, more often than in other cases. Why?

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