Supply and Demand Assignment | Homework For You

1. Compare and contrast the rate of cigarette smoking in Australia with your home country and the world average rate.
2. Draw and label fully a supply and demand curve diagram to explain how an excise tax on cigarettes affects:
demand for cigarettes when demand is inelastic compared with elastic; tax revenue for the government, – demand for cigarettes when demand is inelastic compared with elastic;
3. Explain the idea of cost versus benefit when making decisions. Use this idea to analyse as to why:
the government wishes to reduce the rate of smoking; and
a smoker as they age should quit smoking.
You will need to support your answer with information through research. Hints: you must acknowledge the source materials appropriately, i.e., referencing.
4. Describe and evaluate the various policies over the years (other than a tax on smoking) that the Australian and State governments have enacted in order to reduce smoking.
tax revenue for the government,
5. Explain the idea of cost versus benefit when making decisions. Use this idea to analyse as to why:
the government wishes to reduce the rate of smoking; and a smoker as they age should quit smoking.
You will need to support your answer with information through research. Hints: you must acknowledge the source materials appropriately, i.e., referencing.
6. Describe and evaluate the various policies over the years (other than a tax on smoking) that the Australian and State governments have enacted in order to reduce smoking.
7. Compare and contrast the rate of cigarette smoking in Australia with your home country and the world average rate. 2. Draw and label fully a supply and demand curve diagram to explain how an excise tax on cigarettes affects:1. Compare and contrast the rate of cigarette smoking in Australia with your home country and the world average rate.
8. Draw and label fully a supply and demand curve diagram to explain how an excise tax on cigarettes affects:- demand for cigarettes when demand is inelastic compared with elastic tax revenue for the government, – demand for cigarettes when demand is inelastic compared with elastic;
9. Explain the idea of cost versus benefit when making decisions. Use this idea to analyse as to why:- the government wishes to reduce the rate of smoking; and
a smoker as they age should quit smoking.
You will need to support your answer with information through research. Hints: you must acknowledge the source materials appropriately, i.e., referencing. Get Economics homework help today