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8 April, 11:27

According to the cdc the price elasticity of demand for cigarettes is

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  1. 8 April, 11:40
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    According to the cdc the price elasticity of demand for cigarettes is : - 0.4 %

    The negative amount of price elasticity indicates that the product is inelastic, which means that the demand of the product wouldn't be much affected by the change in price.

    According to CDC, the addictive substance of the product caused the customer to keep buying it even though it became more pricey, which caused the inelastic demand.
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