Which type of goods are the best choice for levying or applying an excise tax? O Gasoline; almost everyone uses it, so the government will definitely get the tax revenue. O Luxury sports cars; these are luxury goods and those who can afford them can afford to pay more in taxes. O Alcohol; no one needs alcohol and besides if the tax reduces alcohol consumption, fewer innocent people will be harmed in DUI accidents.

Which type of goods are the best choice for levying or applying an excise tax? O Gasoline; almost everyone uses it, so the government will definitely get the tax revenue. O Luxury sports cars; these are luxury goods and those who can afford them can afford to pay more in taxes. O Alcohol; no one needs alcohol and besides if the tax reduces alcohol consumption, fewer innocent people will be harmed in DUI accidents.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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