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Studies have shown that the levels of aldehydes produced by these products exceed occupational safety standards, and they can increase the risk of cancer when they enter the body [38, 39]

Alternatively, if the demand is inelastic and the supply is elastic (the cigarette industry) the burden of a new tax falls very largely on the consumers, with most of the tax revenue coming out of consumer surplus

Additionally, age-specific death rates dropped from 2022 to 2023 for all age groups ages 5 and older, the CDC report found

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Supply is considered inelastic when the percentage change in the quantity being supplied is less than the percent change in price