In 2024, a report by a major public health coalition recommended the imposition of a 30% excise tax on the sale of disposable e-cigarettes (vapes) to curb uptake among young people and reduce environmental litter.
Evaluate the likely microeconomic effects of such a tax.
22 exam-style questions on Edexcel A A Level Economics 1.2.9 Indirect taxes and subsidies. Each one has a worked solution and a mark scheme showing where the marks go.