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Cigarettes are expensive and many of you view this item as a luxury, but others say necessity. I have a specific question for you to
Cigarettes are expensive and many of you view this item as a luxury, but others say necessity. I have a specific question for you to discuss:
At an aggregate level, who smokes more, high- or low-income people?You should do quick research on this topic in order to answer this question.Based on this aggregate level of date, should we categorize cigarettes as an inferior good? What is your opinion?Please briefly explain.
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