In a 30-year-old study into pricing policy and tobacco consumption, it was found that increasing prices by only 1% reduces consumption by 0.5%. The results have now been published to mark World No Smoking Day on 31 May. Today a 1% increase in the price of tobacco reduces consumption by as much as 0.69%.
from Top Health News – ScienceDaily http://ift.tt/2qv6Yip
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