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If new smoking ads increase the taste for cigarettes among teens then: Question 8 options: The demand for cigarettes will shift in and to the
If new smoking ads increase the "taste" for cigarettes among teens then: Question 8 options: The demand for cigarettes will shift in and to the left, raising the equilibrium price, but lowering the equilibrium quantity of cigarettes. The demand for cigarettes will shift out and to the right, raising the equilibrium price and quantity of cigarettes. The demand for cigarettes will shift in and to the left, lowering the equilibrium price and quantity of cigarettes. The supply of cigarettes will shift out and to the right, lowering the equilibrium price, but raising the equilibrium quantity of cigarettes. The supply of cigarettes will shift in and to the left, raising the equilibrium price, but lowering the equilibrium quantity of cigarettes
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