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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
3#There are two common ways to discourage tobacco use; taxes on tobacco and information campaigns on the hazards of tobacco use. Which way causes a decrease in demand for smoking?
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Tax on tobacco products that drives up its price.
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Both cause a decrease in demand.
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increasing subsidies to tobacco farmers
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Information campaign on hazards of tobacco.
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4#In a planned economy, government determines what can be produced
and
Â
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firms determined what prices will be charged.
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allows individuals to choose the prices and products they will
produce
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allows prices to change depending on market conditions.
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what prices will be charged.
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