Donald Trump sets tax cigarettes from Mexico. He said that the tax obtained from cigarettes will be
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Question:
Donald Trump sets tax cigarettes from Mexico. He said that the tax obtained from cigarettes will be used to build a US-Mexico border wall. "Mexico pays the construction of the Wall with taxes," he said. We know that cigarettes have very inelastic demand.
Make an illustration of the Government tax revenue from cigarettes.
What is your opinion, is it true that Mexico pays for the construction of the Wall with the tax that Mexican cigarettes entrepreneurs pay? Explain the reason.
Related Book For
Probability & Statistics for Engineers & Scientists
ISBN: 978-0130415295
7th Edition
Authors: Ronald E. Walpole, Raymond H. Myers, Sharon L. Myers, Keying
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