Government prohibition of advertising cigarettes on television would most likely result in

Question

Quizplus · Accepted Answer

Prohibiting advertising cigarettes on television would reduce the exposure of potential consumers to cigarette advertising, leading to a decrease in demand for cigarettes. This is represented by a leftward shift in the demand curve for cigarettes. There would be no effect on the market for television advertising as the prohibition only concerns cigarette advertising.

Government Prohibition of Advertising Cigarettes on Television Would Most Likely