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11 Dec 2019
An increase in the excise tax on cigarettes raises the price of cigarettes by shifting the:
a) supply curve for cigarettes rightward.
b) supply curve for cigarettes leftward.
c) both demand and supply curve for cigarettes rightward.
d) both demand and supply curve for cigarettes leftward.
An increase in the excise tax on cigarettes raises the price of cigarettes by shifting the:
a) supply curve for cigarettes rightward.
b) supply curve for cigarettes leftward.
c) both demand and supply curve for cigarettes rightward.
d) both demand and supply curve for cigarettes leftward.
Elin HesselLv2
29 May 2020