A10% increase in cigarette prices has been found to result in a decrease of smokers. a. 2% b. 4% c. 10% d. 20%

A 10% increase in cigarette prices has been found to result in a 20% decrease of smokers has been found

Explanation:

According to the present research study of Drexel University, a 10% increase in cigarette price has resulted in 20% decrease of smokers.  The decrease is found more to the old aged persons of age 44-84.

The chain smokers tend to smoke 3-4 packets on a daily basis, so an increase in cigarette price could affect their smoking habit, decreasing the number of packets they have daily.

According to another study the younger generation has more money issues thus it prevents them from smoking rapidly.

A 10% increase in cigarette prices has been found to result in a 4%  decrease of smokers.

B. 4%

Explanation:

It is a known to everyone that smoking is not good for our body and still people smoke. It contains tobacco which is not easily removed by the body which in turn destroys the liver and lungs and also hampers the functioning of the heart.

Due to increased demand for cigarettes, the price of it has been increased and it has lead to decrease in its purchase by 4%. It shows that the percentage of purchase of cigarettes have got down with the increase in price.