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37. Smoking is believed to be addictive and hence a sales tax imposed on cigarettes is likely to lead to a drop in the number

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37. Smoking is believed to be addictive and hence a sales tax imposed on cigarettes is likely to lead to a drop in the number of smokers and the tax will mostly be paid by the A) Small; consumers B) Large; producers C) Large; consumers D) Small; producers 38. Suppose your income increases from $50,000 to $55,000, and your quantity demanded of a good increased from 2 to 4. What type of good must this be? A) Inferior good B) Normal good C) Necessity good D) Luxury good

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