The constant elasticity of demand for cigarettes has been estimated to be 0.5.To reduce smoking by 75%， approximately how much tax needs to be added to a $1 pack？_精华吧

The constant elasticity of demand for cigarettes has been estimated to be 0.5.To reduce smoking by 75%， approximately how much tax needs to be added to a $1 pack？

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The constant elasticity of demand for cigarettes has been estimated to be 0.5.To reduce smoking by 75%， approximately how much tax needs to be added to a $1 pack？

A.$0.38

B.$0.75

C.$1.5

D.$2.25

正确答案：$1.5

Tag：中级微观经济学时间：2023-12-17 11:47:30

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