Business, 03.08.2021 23:30 ambriaramirez8

Many states tax cigarette purchases. Suppose that smokers are unhappy about paying the extra charge for their cigarettes. If the state imposes the tax on the stores that sell the cigarettes rather than on smokers, it will: . a. cause some stores to go out of business.
b. lower prices for cigarette smokers because the tax would be on stores that sell the cigarettes rather than on smokers.
c. not make any difference to smokers because the tax incidence or burden of the tax is a function of the relative elasticities of supply and demand.
d. raise prices for cigarette smokers because the tax would be on stores and they will raise prices.

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Many states tax cigarette purchases. Suppose that smokers are unhappy about paying the extra charge...

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