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Description
Given that a fixed amount of tax must be collected, the deadweight loss is not as great as it otherwise would be if the demand curve was less steep
Because you will be spitting, you will want to be somewhere where you can do that politely, or at least have a bottle or something you can spit into
However, risk perception was highest among those who formerly or never smoked, and lowest among those who smoked and did not intend to quit
Higher MC prices push smokers towards using RYO rather than MC
