Why do you think that whenever governments (federal and state) want to increase revenues they usually propose

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Why do you think that whenever governments (federal and state) want to increase revenues they usually propose an increase in taxes on cigarettes and alcohol?

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Managerial Economics

ISBN: 978-0133020267

7th edition

Authors: Paul Keat, Philip K Young, Steve Erfle

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Question Posted: Jun 20, 2016 12:28 AM

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Why do you think that whenever governments (federal and state) want to increase revenues they usually propose

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Since the demand curve for cigarettes and alcohol is generally thought to be r...View the full answer

Managerial Economics

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