Similarly, when a government introduces a tax in a market with an inelastic supply, such as, for example, beachfront hotels, and sellers have no alternative than to accept lower prices for their business, taxes do not greatly affect the equilibrium quantity
"It's just the hardest thing to do," said Albritten
While menthol cigarettes are outperforming nonmenthol cigarettes, the gap has narrowed in the last three years because of a decline in overall African-American per capita use of cigarettes, Azer said
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