The Mini-Case, Anti-Smoking Policies May Reduce Drunk Driving describes how the equilibrium changed in the market for

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The Mini-Case, “Anti-Smoking Policies May Reduce Drunk Driving” describes how the equilibrium changed in the market for alcoholic beverages when tobacco taxes rose. Use a supply-and-demand diagram to illustrate what happened.

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Managerial Economics and Strategy

ISBN: 978-0134167879

2nd edition

Authors: Jeffrey M. Perloff, James A. Brander

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