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stars_and_moon stars_and_moon
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8 years ago
Cigarettes are highly addictive. Given this, it is expected that demand for cigarettes is ________. Therefore, ________ will have the higher tax incidence of a tax on cigarettes.
A) elastic; producers
B) inelastic; consumers
C) elastic; consumers
D) inelastic; producers
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kingbykingby
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8 years ago
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#2
8 years ago
Incredible!
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#3
8 years ago
I was slightly debating this one, thanks for the feedback
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