are cigarettes inelastic or elastic Using diagrams, explain how the incidence(burden) of an indirect tax may be affected by the price elasticity of demand. [10 marks] Principles of Macroeconomics 2e, Elasticity, – Elastic vs Inelastic Demand: Definition,
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![are cigarettes inelastic or elastic Using diagrams, explain how the incidence(burden) of an indirect tax may be affected by the price elasticity of demand. [10 marks] Principles of Macroeconomics 2e, Elasticity, Elastic vs Inelastic Demand: Definition,](https://static.tildacdn.net/tild6565-6438-4637-b533-633666646239/Inelastic_vs_Elastic.jpg)
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