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Suppose the price elasticity of demand for cigarettes is -0.30 and that Malaysians purchase about 15 billion cigarettes a year. (a)If the tax on cigarettes

Suppose the price elasticity of demand for cigarettes is -0.30 and that Malaysians purchase about 15 billion cigarettes a year.

(a)If the tax on cigarettes were increased enough to raise the price of cigarettes by 30%, what would be the effect on the quantity of cigarettes demanded?

(b)Is raising the tax on cigarettes a more effective way to reduce smoking if the demand for cigarettes is elastic or if it is inelastic?Explain with the use of supply and demand analysis.

PLEASE NO NEED TO ANSWER Q1 , HELP ME TO ANSWER Q2 using (SUPPLY AND DEMAND) DIAGRAMS

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