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Using demand and supply curves, show the effect of each of the following on the market for cigarettes: A cure for lung cancer is found.

Using demand and supply curves, show the effect of each of the following on the market for cigarettes:

  1. A cure for lung cancer is found.
  2. The price of cigars increases.
  3. Wages increase substantially in states that grow tobacco.
  4. A fertilizer that increases the yield per acre of tobacco is discovered.
  5. There is a sharp increase in the price of matches, lighters, and lighter fluid.
  6. More states pass laws restricting smoking in restaurants and public places.

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