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sally is studying the effects of a newly imposed sin tax on the demand for cigarettes. which factors are held constant when using the ceteris paribus assumption? select the correct answer below: the tax rate all factors affecting demand for cigarettes demand for cigarettes all factors affecting demand for cigarettes except the new tax



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BinithaR

All factors affecting demand for cigarettes except the new tax.

What are the factors of demand?

Demand (producers) and supply (factors) define the factor market (households). These are the demand and supply that economists refer to as factor demand and factor supply. What then are they? The willingness and capacity of producers to purchase inputs for production at any particular time is known as factor demand. The availability of production factors for producers to purchase at any particular time is known as the factor supply.

Taxes and regulations, supplier market power, the presence of substitute goods, and economic cycles are only a few examples of the variables that might change the shape or location of supply or demand curves.

To learn more about factors of demand refer to:

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