Consumption of cigarettes decreases as they become more expensive through taxation and other such measures.

Name: Consumption of cigarettes decreases as they become more expensive through taxation and other such measures.
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Question

Quizplus · Accepted Answer

This is a well-established trend known as "price elasticity of demand" where as the price of a product increases, the demand for that product decreases. This has been observed in many studies on cigarette consumption and taxation.

Consumption of Cigarettes Decreases as They Become More Expensive Through