Question

In: Economics

The sale of cigarettes in many developed countries either has peaked or is declining. However, the...

The sale of cigarettes in many developed countries either has peaked or is declining. However, the developing markets represent major growth markets. Should U.S. tobacco companies capitalize on this opportunity? Write it in 2 paragraphs and Give your opinion and some examples

Solutions

Expert Solution

The explanation of the above mentioned in below image


Related Solutions

Many states have legalized the sale of marijuana for personal and/or medical purposes. However, it is...
Many states have legalized the sale of marijuana for personal and/or medical purposes. However, it is still a federal crime to sell marijuana in any of the 50 states, regardless of the state laws. Income from any and all sources, including illegal activities, is taxable at the federal level, including income from the sale of marijuana. What has the tax court ruled about tax deductions for business expenses for those engaged in the sale of marijuana? Cite and summarize at...
Amazen has a collection of books for sale. They are either paperbacks or hardcovers and either...
Amazen has a collection of books for sale. They are either paperbacks or hardcovers and either fiction or nonfiction. Forty percent of the books are fiction and 65% are paperbacks, Also, 25% of the fiction books are hardcover. Now, a book is selected at random. a. What is the probability that it is a paperback?
Amazen has a collection of books for sale. They are either paperbacks or hardcovers and either...
Amazen has a collection of books for sale. They are either paperbacks or hardcovers and either fiction or nonfiction. Forty percent of the books are fiction and 65% are paperbacks, Also, 25% of the fiction books are hardcover. Now, a book is selected at random. a. What is the probability that it is a paperback? b. What is the probability that it is a paperback, given that it is a fiction? c. What is the probability it is a nonfiction,...
Amazen has a collection of books for sale. They are either paperbacks or hardcovers and either...
Amazen has a collection of books for sale. They are either paperbacks or hardcovers and either fiction or nonfiction. Forty percent of the books are fiction and 65% are paperbacks, Also, 25% of the fiction books are hardcover. Now, a book is selected at random. a. What is the probability that it is a paperback? b. What is the probability that it is a paperback, given that it is a fiction? c. What is the probability it is a nonfiction,...
Many of you are responsible for either developing a budget or meeting a budget developed for...
Many of you are responsible for either developing a budget or meeting a budget developed for your department. Use your experience or research the topic to answer any three of the following questions. Identify at least three benefits of budgeting in helping managers plan and control a business. How does a budget benefit management in its control function? What is the benefit of continuous budgeting? Why should each department participate in preparing its own budget? How does budgeting help management...
The market for cigarettes is highly regulated in the U.S. and other countries. Smoking has been...
The market for cigarettes is highly regulated in the U.S. and other countries. Smoking has been shown to harmful to the smokers and individuals around them, so the government decides to tax cigarettes. (A) Graph or explain what the effect of a tax would do equilibrium price and quantity. Now, suppose the government wants to help tobacco farms and provides agricultural subsidies to tobacco growers. (B) Ignore the cigarette tax from A, and graph or explain what the effect of...
Explain the differences between developed countries, newly industrialized countries, and less developed countries. What areas of...
Explain the differences between developed countries, newly industrialized countries, and less developed countries. What areas of opportunity need to be measured and analyzed within each of these countries before investing and establishing a multinational corporation? What do measures like Human Development Index tell us about a country’s place along the development continuum?
True or False: "Foreign aid from high-income developed countries to low-income less-developed countries has provided the...
True or False: "Foreign aid from high-income developed countries to low-income less-developed countries has provided the latter with the startup capital needed to ignite the growth process. Because of foreign aid, poor countries have been able to save enough to finance major investment projects such as roads and power-generating plants. These projects have provided the foundation for economic growth."
Many less developed countries today often resemble or are compared to the economies of ancient times...
Many less developed countries today often resemble or are compared to the economies of ancient times or the Middle Ages, in particular with respect to their high levels of poverty or stagnation. Discuss an example of a country or compare two different countries, and explain some of the key social, political, and economic forces that can serve to promote the modernization of a country. What forces do you think may be necessary to bring a new “industrial revolution” to less...
Briefly explain why the unemployment rate is, on average, higher in many other developed countries than...
Briefly explain why the unemployment rate is, on average, higher in many other developed countries than the United States and given examples of such higher averages. In your explanation, touch on at least 2 labor market factors.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT