=+a. A bill is proposed that would lower tar and nicotine levels in all cigarettes. b. A

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=+a. A bill is proposed that would lower tar and nicotine levels in all cigarettes.

b. A tax is levied on each pack of cigarettes.

c. A tax is levied on each pack of cigarettes sold.

d. Smokers would be required to carry governmentissued smoking permits at all times.

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Microeconomics

ISBN: 9781292081977

8th Global Edition

Authors: Robert S. Pindyck, Daniel L. Rubinfeld

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