The Tobacco Wars

The Tobacco Wars The Tobacco Wars The U.S. government regulates the barters agreement and distribution of tobacco plant plant products in many ways. Some examples of the way the government regulates be setting an age limit and taxing tobacco products. In the economic world, the tobacco wars are a serious issue. The sale of tobacco as we know is very inelastic. The government puts fundamental taxes on tobacco products to cut down on the sale of them. They know that the people leave behind buy cigarettes no payoff how much they cost. Elasticity has a lot to do with the taxation of cigarettes.

The relatively low price elasticity of demand in the tobacco market results in higher tax revenue enhancements than in any other type of market. The government knows that the demand of tobacco is high enough that they can apply these stiff taxes. arse taxes work as a steady source of revenue for the government. There will be some people that will stop smoking, but there will always be those people that will not....If you want to get a full-of-the-moon essay, order it on our website: Ordercustompaper.com

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