Suppose scientist discover that using an e-cigarettes, or "vapes", cure all forms of corona virus, including COVID-19. At the same time, a new technology is developed in the production of e-cigarettes. Other things being equal, what will happen to the following (increase, decrease, ambiguous):

The demand for e-cigarettes?

The supply of e-cigarettes?

The equilibrium price of e-cigarettes?

The equilibrium quantity of e-cigarettes?

Answer rating: 100% (QA)

1 Demand for ecigarettes The discovery that ecigarettes cure all forms of coronavirus including COVID19 would likely lead to a significant increase in ... View the full answer