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[1][5] The amount of nicotine in one juul pod is equivalent to a pack of cigarettes

Nicotine binds to certain receptors in your brain

To calculate the price elasticity of demand, we need to divide the percentage change in quantity demanded by the percentage change in price: Price Elasticity of Demand = Percentage change in quantity / Percentage change in price Furthermore, in this case, if the price of a product increases, consumers may stop or reduce the purchase of the good or switch to another alternative available in the market

This is, in part, because price increases reduce initiation of tobacco use among young people and could make smoking more prohibitive for low-income smokers