Studies Have Shown That Smoking Cigarettes Can Cause Heart Disease

question 124

Multiple Choice

Studies have shown that smoking cigarettes can cause heart disease.Assume this is true,and favorable weather has increased the tobacco harvest in North Carolina.In the market for cigarettes,these two developments would

• A)decrease demand and decrease supply,resulting in an increase in the equilibrium quantity and a decrease in the equilibrium price of cigarettes.
• B)increase demand and increase supply resulting in an increase in the equilibrium quantity and an uncertain effect on the equilibrium price of cigarettes.
• C)decrease demand and increase supply,resulting in a decrease in the equilibrium price and an uncertain effect on the equilibrium quantity of cigarettes.
• D)decrease demand and increase supply,resulting in an increase in both the equilibrium price and the equilibrium quantity of cigarettes.

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Definitions:

Lease Contract

A legal agreement whereby a property owner allows a tenant to use the property for a specific period of time in exchange for rent.

Bodily Harm

Physical injury, damage, or impairment to an individual's body.

Open Threat

A clear and explicit warning or indication of the intention to cause harm or engage in hostile actions.

Professional Coverage

Insurance or protection provided to professionals against potential lawsuits or claims arising from their professional practice.