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8. The case study presented in the chapter discussed cigarette taxes as a way to reduce smoking Now think about the markets for other tobacco
8. The case study presented in the chapter discussed cigarette taxes as a way to reduce smoking Now think about the markets for other tobacco products such as cigars and chewing tobacco. a. Are these goods substitutes or complements for cigarettes? Cigars and chewing tobacco are substitutes for cigarettes, since a higher price for cigarettes would increase the demand for cigars and chewing tobacco
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