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A state government wants to increase the taxes on cigarettes to increase tax revenue This tax would only be effective in raising new tax revenues if the price elasticity of demand is?
Wiki User
∙ 11y ago
elastic
Wiki User
∙ 11y ago
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How is joint elasticity increased?
Joint mobilization and stretching of soft tissues is a common technique used to increase joint elasticity
Which factor does not affect the elasticity of demand for a good?
An increase in population
What factor does not affect the elasticity of demand for a good?
Increase in the population.
Who would raise prices on exports to increase profits and why?
That would depend on the elasticity of demand. If the elasticity were sufficiently high, a firm would want to increase export prices to increase their total revenue; if else, they would want to lower or maintain their price.
When will the income elasticity of demand equal zero?
When an increase in income is not associated with a change in the demand of a good.
Tread of shoe soles are made to increase?
The tread of a shoe is used to increase Elasticity
How is joint elasticity increased?
Joint mobilization and stretching of soft tissues is a common technique used to increase joint elasticity
Which factor does not affect the elasticity of demand for a good?
An increase in population
What factor does not affect the elasticity of demand for a good?
Increase in the population.
Who would raise prices on exports to increase profits and why?
That would depend on the elasticity of demand. If the elasticity were sufficiently high, a firm would want to increase export prices to increase their total revenue; if else, they would want to lower or maintain their price.
Does increase in tidal volume changes will accompany the loss of elasticity of the lungs associated with aging?
Yes, as elasticity decreases with age, the lungs may require an increase in tidal volume to maintain adequate gas exchange. This compensation helps overcome the decreased ability of the lungs to expand and contract efficiently. However, this increased tidal volume may lead to increased respiratory effort and potential respiratory muscle fatigue.
What was the goal of woudrow Wilsons new freedom program?
effective government responses to social and economic issues.
The price of an oil is rs 30per barrel and price elasticity -0.5 an oil reduces the quantity avilable 20 percent use arc elasticity formula to caluculate percentage increase in the price oil?
the price of an oil is Rs 30 per barrel and price elasticity -0.5 an oil embargo reduces the quantity available by 20% use arc elasticity formula to caluculate percentage of increase in the price oil?
How do you calculated elasticity of demand?
calculate the following price elasticity of for a price increase from $5-6, 6-7, 7-8 and verify your answer using the total revenue approach:
When will the income elasticity of demand equal zero?
When an increase in income is not associated with a change in the demand of a good.
Which of the following changes will accompany the loss of lung elasticity associated with aging?
Increase in residual volume
Is An increase in the price of cigarettes will reduce the amount of cigarettes purchased a negative positive or normative economic statement?
it is a nomative economic statement
