Cigarettes currently sell for 10 a pack suppose the
Cigarettes currently sell for $10 a pack. Suppose the government imposes both a $4 sales tax and a $7 excise subsidy on cigarettes. Use a graph to demonstrate that the new price must be somewhere between $3 and $6 a pack.
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cigarettes currently sell for 10 a pack suppose the government imposes both a 4 sales tax and a 7 excise subsidy on
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