In addition to the tax increase, what anti-tobacco movement will affect the tobacco market? Take an...

In addition to the tax increase, what anti-tobacco movement will affect the tobacco market? Take an example and explain its effect in terms of a supply and demand curve, please.

Expert Solution

Heavy tax is imposed on tobacco and other related products in order to discourage the use of it.along with a lot of anti-tobacco movements are carried out. for example, salam Bombay Foundation has taken measures through tobacco control awareness campaigns especially among school children. a lot of online campaigns are also taking place .all these impacted on reducing tobacco habits among people especially of children. as a result, a major portion of tobacco users (children ) had reduced .there is a steady decline in the demand for it due to together work of government and welfare organizations and through purposefuly reducing its demand the suppy also shows a downword sloping

Rahul Sunny answered 2 years ago

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