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If taxes go up by 10 percent the price of cigarettes will go up by how much?
Wiki User
∙ 12y ago
I think the cigarette industry should try to get at least $20 per pack. If people are that addicted, by all means take advantage of them. That's what a good drug pusher would do out on the streets.
Wiki User
∙ 12y ago
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How much did a packet of cigarettes cost in 1973?
A pack of cigarettes in 1973 cost $.33 which includes tax. Because taxes vary from state to state, the price would vary as well.
Studies indicate that the price elasticity of demand for cigarettes is about 0.4 If a pack of cigarettes currently costs 2 and the government wants to reduce smoking by 20 percent by how much should?
To simplify we take the percentage of 20/0.4 therefore the new price it cos 3
How much would you pay for a new car with a sticker price of 14289.00 if the dealer agrees to sell the car at 90 percent of the sticker price?
12860.1 + Taxes, Fees and Charges
Will cigarette taxes have the desire efeect of reducing the demand for cigarettes?
nope. if a smoker had enough money for a packet of cigarettes and no lunch, they would buy the cigarettes and skip lunch! smokers will buy cigarettes no matter how much they cost.
How much does a pack of cigarettes cost before taxes?
I can't find the base price before tax, but if you look at the link below it shows federal and state taxes on cigarettes http://en.wikipedia.org/wiki/Cigarette_taxes_in_the_United_States#State_cigarette_tax_rates for example in Texas, the tax would be $1.41 state tax and $1.01 federal tax with a total of $2.42 tax per pack
I paid 90.40 How much was the product before 8 percent taxes?
sales price = 90.40 / 1 + 8% sales price = 90.40 / 1.08 sales price = 83.70 the #1 is the figurative element that was taken the 8% tax out
How much is the tax on a pack of cigarettes in California and can you deduct that tax on your taxes?
Are you on drugs? You want the government to give you back the taxes you pay on cigarettes? You realize that the reason the taxes are so high is mainly as a deterrent to smoking, as well as to generate revenue. Why would they give you this money back!!
How much were cigarettes in 1993?
i remember paying 3 cents!!
How much per carton with taxes?
If you mean cigarettes, that will depend on the brand and where you purchase them. the tax is different in each state.
How much is 7.06 plus 8 percent taxes?
$7.63
How much does an average pack of cigarettes cost in Pennsylvania?
As of 2017, prices included a $2.60/ pack excise tax and pushed carton prices over $40 in locations not subject to additional city taxes. The per-pack price ranges from $4 for off-brands to $5 or more for name brands.
What is the incidence of indirect taxes?
Incidence of indirect taxes indicate how much burden of indirect taxes will be borne by the producers and how much by the consumers by way of rise in price.
