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rusak2 [61]
3 years ago
14

In a recent article, two economists estimated that the 37.5% increase in price that would result from a 75 cent tax increase on

cigarettes would lead to a decrease in smoking among college students of 30%. What can you conclude about the demand for cigarettes among college students?
Social Studies
1 answer:
Anastaziya [24]3 years ago
6 0

Answer:

It is price inelastic.

Explanation:

Did an assignment on this.

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