日誌
The price elasticity of demand for cigarettes is 0.4. If government wants to red
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【題目】 The price elasticity of demand for cigarettes is 0.4. If government wants to reduce smoking by 10 percent, by how much should it raise the price of cigarettes by imposing a tax?
by 50 percent
by 25 percent
by 10 percent
by 20 percent
