We Would Expect That a Tax on Cigarettes Will Be

question 144

Multiple Choice

We would expect that a tax on cigarettes will be more effective at discouraging consumption over the _______ because demand becomes _______ elastic over time.

• A) long run; more
• B) long run; less
• C) short run; more
• D) short run; less

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Definitions:

Stable Isotope

A non-radioactive form of an element’s isotope, which does not change or decay over time.

Radiation

The emission or transmission of energy in the form of waves or particles through space or through a material medium.

Protons

Positively charged particles found within an atom's nucleus, contributing to the atom's mass and defining the element.

Electrons

Subatomic particles with a negative charge, orbiting the nucleus of an atom, involved in chemical bonds and electricity.