【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
【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