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Narrbegin Exhibit 5

Question 46

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Narrbegin Exhibit 5.4 Supply and demand curves for cigarettes Narrbegin Exhibit 5.4 Supply and demand curves for cigarettes -As shown in Exhibit 5.4, assume the government places a $1 per pack sales tax on cigarettes. The percentage of the burden of taxation paid by consumers of a pack of cigarettes is: A) zero. B) 25 per cent. C) 50 per cent. D) 100 per cent.
-As shown in Exhibit 5.4, assume the government places a $1 per pack sales tax on cigarettes. The percentage of the burden of taxation paid by consumers of a pack of cigarettes is:


A) zero.
B) 25 per cent.
C) 50 per cent.
D) 100 per cent.

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