Multiple Choice
If the demand for cigarettes is more ________ for underage smokers as compared to that of adult smokers, then compared to adults, a tax on cigarettes would have ________ impact on the demand for cigarettes for teenagers.
A) elastic; more
B) elastic; less
C) inelastic; more
D) inelastic; an equal
Correct Answer:
Verified
Correct Answer:
Verified
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