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Q In markets where the government imposes an excise tax on unit sales, it also has a tendency to dabble with restrictions on advertising (for example, cigarettes and hard liquor). Do potential (or actual) restrictions on advertising in these markets serve the interest of a government that is interested in maximizing its tax revenue from the sale of these products? Explain your answer.

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When restriction is imposed on the advertising of the products like cigarette and liquor, then that is found to be not creating much effect on the tax revenues of the government. This mainly happens because of the fact that the demand for these kind of products is inelastic and

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