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Title: If the number of highway deaths among young people is roughly proportional to their beer consumption ... Post by: sinerus 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 a tax increase that increases the price of beer by 20% would roughly reduced highway deaths of young people by
A) 1.5%. B) 13.33%. C) 20%. D) 30%. Title: Re: If the number of highway deaths among young people is roughly proportional to their beer ... Post by: trumpetsoflife on Aug 28, 2017 Content hidden
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