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[–] 19 points 2 months ago (2 children)

With fewer people smoking, the price of cigs sure didn't drop.

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  • [–] 3 points 2 months ago (1 child)

    Now that... That is interesting man. I've never thought about that.

    But WHY?!

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  • [–] 4 points 2 months ago

    Most of the cost is production and taxes. If demand falls, production resources (land etc) are diverted to more profitable crops. This makes supply fall until prices reach a new equilibrium.

    Taxes then add a fixed offset to that.

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