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Question 2 Table 1 shows the proportion of UK adults that are smokers, the average price of a pack of cigarettes and the mean income
Question 2 Table 1 shows the proportion of UK adults that are smokers, the average price of a pack of cigarettes and the mean income (adjusted for inflation} in the UK for the last 20 years. You are working as an economist for the Government Economic Service and you have been asked to consider what measures can be used to reduce the proportion of cigarette smokers. Use the data in Table 1 and what you know about Marshallian demand to make and explain your recommendations. Is there any other data that you would request in addition to the below? Table 1: UK Cigarettes Smokers, Cigarette Prices and Income. Proportion of cigarette RPI: Average Mean real equivalised smokers (All price - household disposable persons aged Cigarettes 20 income of individuals Year 16 and over} Icing size filter [adjusted for CPI] 2021 12.7 1152 33994 2020 14.5 1111 39213 2019 15.3 10?? 3?724 2013 16.6 1023 3?330 2017 16.3 954 3?956 2016 16.1 930 3307'3 2015 1?.3 333 363??) 2014 13.3 13-40 36153 2013 19.2 "NE 34?35 2004 24.5 439 3403? 2003 26.0 424 33635 2002 25.9 414 32733 2001 26.9 412 39341 Source: OMB {2023] {1I'JI marks]
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