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umka2103 [35]
3 years ago
15

What might be true if the government levied a 40% excise tax on alcohol? select all that could apply. correct answer(s) alcohol

has a perfectly elastic demand. alcohol is not popular. alcohol has a highly inelastic demand. the government wants people to drink less?
Social Studies
1 answer:
antiseptic1488 [7]3 years ago
7 0

There are two correct options from all the available ones in the question: alcohol has a highly inelastic demand and the government wants people to drink less.

A highly inelastic demand refers to an economic situation where demand for a product does not increase or decrease event though price rises or falls – even though the demand quantity for alcohol might fall, the total revenue will still be the same.

The second option is also correct since if the government levies a 40% tax on alcohol, they probably want the citizens to stop consuming them so much.

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Intensity is most commonly used with waves such as sound waves (sound) or electromagnetic waves such as light or radio waves and uses the average power transfer over the duration of the wave. Intensity can be applied to other situations in which energy is transferred.is defined as very strong, focused, or difficult, or the degree to which something is difficult or strong. An example of strength is the ability to run miles at maximum speed. An example of intensity is treadmill travel speed. noun.

Learn more about intensity here

brainly.com/question/14924672

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