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Economics of Tobacco Sales
Essay specific features
Written by:
Kimberly P
Date added:
March 11, 2013
Level:
University
Grade:
A
No of pages / words:
6 / 1624
Was viewed:
2639 times
Rating of current essay:
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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