Question: Please answer Recent research confirms that the demand for cigarettes is not only price inelastic, but it also indicates smokers with incomes in the lower

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Recent research confirms that the demand for cigarettes is not only price inelastic, but it also indicates smokers with incomes in the lower half of all incomes respond to a given price increase by reducing their purchases by amounts that are more than four times as large as the purchase reductions made by smokers in the upper half of all incomes.

How can the income and substitution effects of a price change help explain this?

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