Economics of Tobacco Sales

Essay specific features

 

Issue:

Business

 

Written by:

Kimberly P

 

Date added:

March 11, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1624

 

Was viewed:

2576 times

 

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Essay content:

Kao & Tremblay (1988) and Tremblay & Tremblay (1995) agreed that these early interventions by the U.S. government were instrumental in the diminution of the national demand for cigarettes in the United States. In more recent years, state governments have joined in the battle against smoking by introducing antismoking regulations...
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Set apart from other literature on the same topic, Gallet (2004) proposed that the degree of enforcement of these laws was just as important as the laws themselves. States that maintained the most restrictive clean-air laws encouraged much more competition within the cigarette industry; hence prices were adjusted closer to marginal cost which caused the availability of supply to increase (Gallet, 2004)...
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