In December 2019, the minimum age to purchase all tobacco products in the United States rose from 18 to 21. In much of Europe, the legal age to purchase tobacco products is still 18. If the legal age to purchase tobacco products in the United States was changed back to 18, how would this affect the market for cigarettes? All else equal, what would happen to the equilibrium price and quantity of cigarettes?

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The Answer of In December 2019, the minimum age to purchase all tobacco products in the United States rose from 18 to 21. In much of Europe, the legal age to purchase tobacco products is still 18. If the legal age to purchase tobacco products in the United States was changed back to 18, how would this affect the market for cigarettes? All else equal, what would happen to the equilibrium price and quantity of cigarettes?

In December 2019, the Minimum Age to Purchase All Tobacco