The combined federal and provincial taxes on a carton of
The combined federal and provincial taxes on a carton of 200cigarettes were reduced from $24 to $10 in February 1994.
(a) Describe how you would compute the reduction in excess burden from the change.
(b) How might such a change reduce efficiency
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the combined federal and provincial taxes on a carton of 200cigarettes were reduced from 24 to 10 in february 1994a
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