One Reason Why the Price Elasticity of Demand for Cigarettes

question 100

Multiple Choice

One reason why the price elasticity of demand for cigarettes is large for young smokers is that

• A) they have large discretionary incomes
• B) the price of cigarettes increased recently
• C) they are no longer permitted to smoke in public
• D) cigarette advertising on television has been banned
• E) the proportion of income a young smoker spends on cigarettes is usually quite large

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Definitions:

Prejudice

The negative (or positive) evaluations or judgments of members of a group that are based primarily on group membership.

Discrimination

The negative (or sometimes positive) actions taken toward members of a particular group because of their membership in the group.

Stereotyping

Forming oversimplified and generalized views about groups of people based on certain traits or characteristics.

Nursing Home

A facility providing residential care for elderly or disabled people, offering medical and personal care support.