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thanhha78 thanhha78
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6 years ago
If the elasticity of demand for cigarettes by teenagers is 1.5, then to reduce teen smoking by 60%, tobacco companies would need to raise their prices by
A) 15%.
B) 40%.
C) 60%.
D) 90%.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Lightman030Lightman030
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thanhha78 Author
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#2
6 years ago
thnkkkkk .. always right
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