Homework Answers
People purchase a larger share of low quality cigarettes on Indian reservations (compared to purchases elsewhere in New York) because the consumers have less income on Indian reservations. We can say this because the people will buy low quality cigarettes because they cannot afford the high quality cigarettes due to their low income. And we cannot say that low quality cigarettes are relatively cheaper there without cigarette taxes as the taxes levied were equal for both high and low quality cigarettes. So option E is the correct answer.
The ratio of price of low quality cigarettes to high quality cigarettes on Indian reservations is p1/p2. As there are on taxes in Indian reservations t will not be considered.
The ratio of low quality cigarettes to high quality cigarettes off reservations with taxes is (p1+t)/(p2+t).
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some conclusions and contributes of this paper. I need this for my
Finishing Project so i need this ASAP please ( IN 1-2-3 HOURS
PLEASE !!!)
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words).
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