If the government wanted to use the incentive principle to discourage smoking, it could:

Question

Quizplus · Accepted Answer

Increasing taxes on cigarettes and raising their price is an example of using the incentive principle to discourage smoking. This is because it increases the cost of smoking, making it less attractive to consumers who may be price-sensitive. Research has also shown that higher cigarette prices are associated with lower smoking rates.

If the Government Wanted to Use the Incentive Principle to Discourage