bewellplus.gsu.edu
qopwow
qopwow qopwow
  • 26-05-2016
  • Health
Answered

A 10% increase in cigarette prices has been found to result in a _____ decrease of smokers.

A.

2%

B.

4%

C.

10%

D.

20%

Verified Answer :

royalroyfan1
royalroyfan1 royalroyfan1
  • 10-08-2017

The best answer would be B, 4%. The amount you increase a cigar by should have slightly less than half of the number of smoke-buyers as a result, 2% is too low and it will not decrease by the same percentage the price increased.

Answer Link
anyaagoat anyaagoat
  • 05-02-2020

Answer:

B. 4%

Explanation:

Answer Link

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