Question

Q3) Consider a market for cigarettes / tobacco. Which is in equilibrium X How would a nationwide campaign highlighting dangers of smoking effect the market equilibrium? How would a new tax levied on tobacco producers effect the market equilibrium? Qd​

Answer 1

Answer:

Smokeless tobacco use is highly addictive and damaging to health. Smokeless tobacco contains many cancer-causing toxins and its use increases the risk of cancers of the head, neck, throat, oesophagus and oral cavity (including cancer of the mouth, tongue, lip and gums) as well as various dental diseases.

Explanation:

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Answer 2

Answer:

Smokeless tobacco use is highly addictive and damaging to health. Smokeless tobacco contains many cancer-causing toxins and its use increases the risk of cancers of the head, neck, throat, oesophagus and oral cavity (including cancer of the mouth, tongue, lip and gums) as well as various dental diseases.