In 1971, the U.S. government banned cigarette advertising on radio and television. After the ban was imposed,
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Question:
In 1971, the U.S. government banned cigarette advertising on radio and television. After the ban was imposed, an economist would predict that the price of magazine ads would
a. | increase, but only for cigarettes. | |
b. | decrease. | |
c. | not be affected by this ban. | |
d. | increase. |
Related Book For
Microeconomics
ISBN: 9781464146978
1st Edition
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
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