Answer: with increase in the price of beer lesser number of college students can consume/afford it.
Explanation: After analyzing Ben’s and Holly’s argument, we understand that price of beer is directly proportional to the taxes levied on beer, whereas inversely proportional with number of college students consuming it. Hence, with increase in price lesser number of students will consume it. This conclusion is obviously correct as college students have limited money to manage their expenses and affording expensive beer is not easy for them.
Atoms are the basic building blocks of ordinary matter. Atoms can join together to form molecules, which in turn form most of the objects around you. Atoms are composed of particles called protons, electrons and neutrons.
<u>Answer:</u>
1. Gambling
3. Cigarettes
6. Alcohol
7. Gasoline
Excise tax is a type of indirect tax imposed on the manufacture, sale or use of certain goods and products, specified by the state or the government.
It is also called a 'sin tax' which is charged on the goods which are considered to be harmful to the society. These include gambling, cigarettes, alcohol and gasoline from the given options for this question.
Explanation:
Mixed economy/modified private enterprise. Free enterprise system with some government involvement;same as modified private enterprise economy. Voluntary exchange
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