Suppose that a town council plans to raise the tax charged on each pack of cigarettes sold by 20 percent in order to raise its tax revenues. An economist points out to the council that the tax increase could possibly lead to a decrease in packs sold of more than 20 percent, and thus ultimately reduce the city's tax revenues. Which of the key concepts in economics is best represented by the economist's observation

hi.

i'm not sure about the answer, but, i would say c. *when the recipient was not included on the original email.*

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merry christmas! ^-^

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

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i think it is sales-oriented, but i am not sure

answer; (a) calling people who have not shown interest in the product and asking them to buy it;