§ Mr. LuffTo ask the Chancellor of the Exchequer what estimate his Department has made of the elasticity of demand for(a) unleaded petrol, (b) cigarettes, and (c) beer. [3545]
§ Dawn PrimaroloThe estimated own price elasticities, based on a computer model produced by the Institute of Fiscal Studies, are -0.272, -0.201, and -0.963 for petrol, tobacco and beer respectively.