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Topic: Business
Number of pages / Number of words: 3 / 763
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The cheaper brands would heavily be affected, and because most adults tend to smoke these brands, sales would continue to decline (Dueffert, 2007). If there were to be a price floor for all brands of cigarettes, more people would quit and the demand would decrease even further. The cheaper cigarettes would have to meet the same price standards as the more trendy brands...


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The cheaper cigarettes would have to meet the same price standards as the more trendy brands. The price increase would be more damaging to the lower class population, who happen to be a considerable size of the smoking community, and their demand for cigarettes will fall. The tobacco companies would have to rely more heavily on their global consumers more than they would with American consumers...


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