How to use the supply and demand curve?
1- ) Using demand and supply curves, discuss the effect of each of the following on the market for cigarettes:
a) A cure for lung cancer is found.
b) The price of cigars increases.
c) Wages increase substantially in states that grow tobacco.
d) A fertilizer that increases the yield per acre of tobacco is discovered.
Best Answer - Chosen by Voters
A. maybe make demand higher since more people would be ok with doing it.
B. Make both lower
C. Supply lower, Demand same
D. Supply increase, demand same.
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