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The government places excise (per unit) taxes on a variety of goods consumers buy, including gasoline, cigarettes, and alcoholic beverages. How would you describe the demand elasticity of goods most likely
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32 votes
32 votes
The government places excise (per unit) taxes on a variety of goods consumers buy, including gasoline, cigarettes, and alcoholic beverages. How would you describe the demand elasticity of goods most likely to be subject to excise taxes

User Julieta
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1 Answer

14 votes
14 votes

Answer:

inelastic

Step-by-step explanation:

because the prices change have little to no effect since one can not easily forgo them.

User Dawid Karabin
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