0
What will be the effect on cigarette market if cure for lung cancer founds?
Wiki User
∙ 16y ago
It varies. If the surgery or invasive(sp?) drug is cheap, common sense would dictate that every average-joe-smoker would light up even more now that the threat of lung cancer is gone. If its expensive, one can imagine a sort of rich mans salve type of deal where every smoking celebrity gets the surgery after their plastic surgery and detox. Expanding upon that, If it was cheap, one sees the cost of cigarettes raising because its one of those "We make it and you will buy it" markets. It varies. If the surgery or invasive(sp?) drug is cheap, common sense would dictate that every average-joe-smoker would light up even more now that the threat of lung cancer is gone. If its expensive, one can imagine a sort of rich mans salve type of deal where every smoking celebrity gets the surgery after their plastic surgery and detox. Expanding upon that, If it was cheap, one sees the cost of cigarettes raising because its one of those "We make it and you will buy it" markets.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Is cigarette market a perfectly competitive market?
There is no such thing as a perfectly competitive market. It is merely a economic model to compare other market structures to. Cigarette market is more likely a oligopoly.
What best explains why the law of supply and demand has an effect on labor market?
In the law of supply and demand the effect on the Labor Market is that labor is a commodity.Labor is a commodity
Market structure in Economics?
the size and the form of a market that is able to effect the demand and supply is known as market structure in economics.
Effects of black market currency in third world countries?
the effect of black market currency in Nigerian economy
How does a market economy effect other economies?
it will boost other economies.
Is cigarette market a perfectly competitive market?
There is no such thing as a perfectly competitive market. It is merely a economic model to compare other market structures to. Cigarette market is more likely a oligopoly.
Where to buy the best e cigarette on the market?
Try Amazon.
Is there a harmless placebo cigarette available on the market which will assist in quitting the real cigarettes?
Generally, it is a non-functioning cigarette or cigarette-like device that takes the place of an actual cigarette. They are usually used by smokers in conjunction with other nicotine reducing methods to quit smoking.
Who invented the e-cigarette?
The electronic cigarette was invented by Chinese pharmacist Hon Lik in 2003 and introduced to the market the following year.
What was the effect of the weakening tobacco market on slavery?
what was the effect of the weakening tobacco market on slavery?
When were cigarettes invented?
In the 1950s there were numerous medical studies being conducted that conclusively linked smoking and lung cancer. The reaction from the public health offices, social awareness agencies and the community led to the cigarette manufacturers response of mass-marketing the filter-tip cigarette. The initiative behind the filter was to screen out tar and nicotine to make cigarette smoking safer. This innovation in the cigarette industry led to the filter tipped cigarettes dominating the market by the 1960s even as they continued to be a specialty item.
Which electronic cigarette is the best?
No doubt about it, Green Smoke Electronic Cigarette is the best in the market currently. They are world class producer and in the Upcoming Nascar competition, they are the main sponsor.
How do I remove Cigarette burn colour on laminated table?
I have removed cigarette burn colour from a lamiated bench top with Jif, it is one of the cheapest and the best cleaning product on the market. :)
What best explains why the law of supply and demand has an effect on labor market?
In the law of supply and demand the effect on the Labor Market is that labor is a commodity.Labor is a commodity
Market structure in Economics?
the size and the form of a market that is able to effect the demand and supply is known as market structure in economics.
What was a major effect of the Market Revolution?
The Market Revolution had a major effect on innovation. Many important inventions were made during this time such as the cotton gin and the steamboat.
Effect of stock market in Bangladesh economy?
madersod
