Problem
The demand for cigarettes, which create negative externalities through secondhand smoke, is often relatively inelastic. That is, when the price of cigarettes changes, the quantity demanded changes by a smaller portion. Using this fact, explain to what extent you think a tax on cigarettes would fulfill each of the goals of taxation.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.