. Oman started imposing a 15% tax on cigarettes. As a result, product’s price went up, and the sales of cigarettes went down by 35%. The determinant of demand discussed in this scenario is ____________. a. Customer preference b. Government policy c. Taste and preference of the consumer d. Income of the consumer

Q: Question 5: (a) Define the Income elasticity of demand?

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A: NOTE: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

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A: Hi Student, thanks for posting the question. As per the guideline we are providing answers for the…

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A:

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