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In laymans terms, an elasticity of -0.3 means a price increase of 10 percent will lead to a drop in consumption of 3 percent, while a -0.8 elasticity means a price increase of 10 percent leads to an 8 percent drop in purchases
Cartons Standard cartons contain 10 packs (200 cigarettes)
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Research has shown that smoking is linked to an increased risk of cataracts, a clouding of the lens in the eye that leads to blurred vision
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