# economics

posted by .

List the types of potential segmenting dimensions, and explain which you could try to apply first, second and third in a particular situation. If the of nature of the situation would affect your answer. Explain why

• economics -

The price elasticity of demand for cigarettes is estimated to be (-.4) and the income elasticity is about (+5).
a- Suppose the government impose a tax on cigarettes so the price rises by 10%. Estimate the effect this price increase will have on cigarettes consumption and consumer spending on cigarettes. (both in percentage terms)

## Similar Questions

1. ### Psychology

What is a situation where you think it is especially important to make a positive first impression?
2. ### English

Hello, I have the answer for the relaxed situationf or nonverbal communication but I don't have an answer for the verbalcommunication in a relaxed situation for family and friends. Also, I looked up for tense situation for supervisors …
3. ### physics

extrapolation is the process whereby we extend an established numerical relationship between two variables beyong the elastic limit, why extrapolation would not be usedful in this particular situation?
4. ### Physics

Which of Newtons laws would best explain what causes a basketball to bounce?
5. ### psychology

What is a situation where you think it is especially important to make a positive first impression?
6. ### Physics - Momentum

Try to imagine a situation in which the form f=ma would no apply, but the form f=delta p / delta t could be used. Describe that situation. How could you test your prediction.
7. ### Physics - application of Momentum

Try to imagine a situation in which the form f=ma would no apply, but the form f=delta p / delta t could be used. Describe that situation. How could you test your prediction.
8. ### Marketing

List the types of potential segmenting dimensions, and explain which you would try to apply first, second, and third in a particular situation. If the nature of the situation would affect your answer, explain how.
9. ### economics

Given the economic situation today, outline the discretionary fiscal policy you would promote if you were president. In terms of the AD-AS model, explain how your policies would affect the economy.
10. ### math

You have two job offers on the table. The first job you will earn a weekly salary of \$14 per hour. The second job offers you \$7 per hour plus 30% commission. Explain how you would decide which job to take. What would be the deciding …

More Similar Questions