http://www.plain-sense.com/2009/04/04/cigarettes-are-price-inelastic/ For students and friends of economics Fri, 03 Feb 2012 01:36:33 -0800 http://wordpress.org/?v=2.8 hourly 1 http://www.plain-sense.com/2009/04/04/cigarettes-are-price-inelastic/comment-page-1/#comment-43961 How Unsweet It Is | Nature + Nurture Fri, 03 Feb 2012 01:36:33 +0000 http://www.plain-sense.com/?p=85#comment-43961 [...] convinced that taxing sugary substances would work, because the demand for addictive substances tends to be inelastic; in my previous involvement with tobacco control projects (many, many moons ago) we saw that too [...] [...] convinced that taxing sugary substances would work, because the demand for addictive substances tends to be inelastic; in my previous involvement with tobacco control projects (many, many moons ago) we saw that too [...]

]]> http://www.plain-sense.com/2009/04/04/cigarettes-are-price-inelastic/comment-page-1/#comment-28253 The case for plain packaging of tobacco Sun, 19 Jun 2011 05:41:47 +0000 http://www.plain-sense.com/?p=85#comment-28253 [...] doubled to begin to approximate the measured costs. As tobacco demand is relatively inelastic (see here and here), smokers aren’t all that sensitive to price (as price rises, demand falls but not a [...] [...] doubled to begin to approximate the measured costs. As tobacco demand is relatively inelastic (see here and here), smokers aren’t all that sensitive to price (as price rises, demand falls but not a [...]

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