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Other Fields Homework Help Economics Topic started by: thanhha78 on Aug 28, 2017



Title: If the number of highway deaths among young people is roughly proportional to their beer consumption ...
Post by: thanhha78 on Aug 28, 2017
If the number of highway deaths among young people is roughly proportional to their beer consumption and young peoples' elasticity of demand for beer is 1.5, then to decrease highway deaths of young people by 15%, taxes would need to be increased enough to increase the price of beer by
A) 1%.
B) 1.5%.
C) 10%.
D) 15%.


Title: Re: If the number of highway deaths among young people is roughly proportional to their beer ...
Post by: trumpetsoflife on Aug 28, 2017
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Title: Re: If the number of highway deaths among young people is roughly proportional to their beer consumption ...
Post by: thanhha78 on Dec 6, 2017
you're honestly amazing, thank you