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.
Answer:
True
Explanation:
The full form CERCLA is Comprehensive Environmental Response, Compensation, and Liability Act. It is most popularly known "Superfund" in the United States.
It is US federal law enacted in 1980 which works under the Environmental Protection Agency of the United State. It works to investigate and cleans the places that are contaminated with hazardous wastes contamination. It also funds such clearing activities of any hazardous wastes in the States.
In the context, the land that TriColor Inc. bought from HBC Inc. is contaminated with hazardous wastes and it is liable under CERCLA or the cleanup costs.
Hence the answer is TRUE.
Answer:
cons:Less money, discrimination
Hey there,
The answer is binge drinking
Hope this helps :))
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