Suppose that you have estimated that demand for cigarettes among adults is different from the demand for cigarettes among teenagers.The demand curves that you have estimated are shown below:
Suppose the current price for a pack of cigarettes is $3.00.A $1.00 per pack tax on cigarettes has been proposed.
The ____ will bear the greatest burden of the tax in the adult market and the ____ will bear the greatest burden of the tax in the teenage market.

Question

Suppose that you have estimated that demand for cigarettes among adults is different from the demand for cigarettes among teenagers.The demand curves that you have estimated are shown below: 
Suppose the current price for a pack of cigarettes is $3.00.A $1.00 per pack tax on cigarettes has been proposed.
The ____ will bear the greatest burden of the tax in the adult market and the ____ will bear the greatest burden of the tax in the teenage market.

Quizplus · Accepted Answer

The Answer of Suppose that you have estimated that demand for cigarettes among adults is different from the demand for cigarettes among teenagers.The demand curves that you have estimated are shown below: 
Suppose the current price for a pack of cigarettes is $3.00.A $1.00 per pack tax on cigarettes has been proposed.
The ____ will bear the greatest burden of the tax in the adult market and the ____ will bear the greatest burden of the tax in the teenage market.

Suppose That You Have Estimated That Demand for Cigarettes Among