Question
if there is an increase in gasoline price, would it impact gasoline consumption? and why does the government when it wants to increase revenue, it
if there is an increase in gasoline price, would it impact gasoline consumption? and why does the government when it wants to increase revenue, it imposes taxes on alcohol and tobacco. pls explain in detail for the first part, you might need. to explain the short run/ long run in economic analysis.
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Microeconomics Principles, Problems and Policies
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
20th edition
978-0077660819, 77660811, 978-1259450242
