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jok3333 [9.3K]
4 years ago
10

Do you think that high excise taxes(taxes on specific goods) on items such as tobacco or alcohol should be used to discourage pe

ople from consuming those items?
Business
1 answer:
pantera1 [17]4 years ago
3 0

<h2>Yes it could be done to discourage people from consuming tobacco or alcohol.</h2>

Explanation:

  • Normally government encourages or discourages use of goods by reducing or increasing the tax on the goods.
  • As everybody aware that the use of tobacco or alcohol consumption damages the body and even might reduce the life span of the consumer.
  • When the taxes are more, people tend to reduce the use of those item and at one point of time, the consumer might stop the usage slowly.
  • This is one way to increase the lifespan of the consumer consuming alcohol or tobacco.
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You are recruiting for a position that now pays $11.00 per hour.You expect that you will need to increase the pay rate by 12% to
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You buy one $10 raffle ticket for a newcar valued at $15,000. two thousand tickets are sold. What is the expected value of your
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a) Gives you the expected value when you have different probabilities for different outcomes outcomes. Like if you were given a probablty table and had to compute the expected value.

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Learn more about expected value here:

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