Question: After having declined during the 1970s and 1980s the proportion
After having declined during the 1970s and 1980s, the proportion of teenage smokers in the United States has risen sharply since the early-1990s. To reverse this trend, advertising programs have been launched to discourage teenage smoking, penalties for selling cigarettes to teenagers have been toughened, and the excise tax on cigarettes has been increased. Explain how each of these public policies affects demand for cigarettes by teenagers.
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