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Among other problems with smoking, there is a danger from radiation, according to the following report. "Tobacco plants are grown in soils with high phosphate fertilizers that are naturally contaminated with the alpha-particle emitting radionuclide polonium-210. In one year, the average smoker will irradiate the bronchial epithelium with 8 to 9 rem, the equivalent dose of radiation from 250 to 300 chest X-ray films per year" (Pediatrics, September 1993, p. 464) . How does this annual dose from tobacco compare to an average annual dose of 3.6 mSv that a nonsmoker receives from background radiation? (1 Sv = 100 rem)
Long-Run Supply Curves
A graphical representation showing the relationship between the price of a good and the quantity supplied over a longer period, considering adjustments in factors of production.
Purely Competitive
A market structure characterized by many buyers and sellers, all of whom are price takers offering homogenous products.
Downsloping
Characteristic of a curve or line on a graph that shows a decrease in value as it moves from left to right, commonly used in economics to describe demand curves.
Market Demand
The aggregate amount of a product or service all buyers in a market are prepared to buy at different price points.
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