In part as an effort to discourage smoking, Australia has some of the highest levels of cigarette taxation in the world.Do you think a tax on cigarettes dramatically decreases the number of people smoking? Is taxing cigarettes an effective way to raise revenue for the government from smokers? (Hint: given that smoking is addictive, what does this imply about the elasticity of demand?)

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The Answer of In part as an effort to discourage smoking, Australia has some of the highest levels of cigarette taxation in the world.Do you think a tax on cigarettes dramatically decreases the number of people smoking? Is taxing cigarettes an effective way to raise revenue for the government from smokers? (Hint: given that smoking is addictive, what does this imply about the elasticity of demand?)

In Part as an Effort to Discourage Smoking, Australia Has