The government in your country is considering three programs that affect the market for cigarettes.

• Program 1: Media campaigns and labelling requirements aimed at making the public aware of the dangers of cigarette smoking
• Program 2: A price-support program for tobacco farmers
• Program 3: A cap on the number of cases of cigarettes sold per quarter at 20,000 cases.

The aim of the government is to support farmers while reducing the consumption of cigarettes. What program of combination of programs should be implemented?

Why?

The government in your country is considering three programs that affect the market for cigarettes.

Program 1: Media campaign and labeling requirements aimed at making the public aware of the dangers of cigarette smoking.

Program 2: A price support program for tobacco farmers.

Program 3: A cap on the number of cases of cigarettes sold per quarter at 20,000  cases.

I. Determine the impact of an the market for cigarettes if program 1 is implemented by stating what will happen to supply, price, quantity and demanded.

ii. Determine the impact of on the market for cigarettes if program 2 is implemented by stating what Will happen to demand,supply, price and quantity.

iii. Determine the impact of an the market for cigarettes if program 3 is Implemented by stating what will happen to demand,supply,price and quantity.

Question 3

The government in your country is considering three programs that affect the market for cigarettes

• Program 1: Media campaigns and labelling requirements aimed at making the public aware of the dangers of cigarette smoking.
• Program 2: A price support program for tobacco farmers.
• Program 3: A cap on the number of cases of cigarettes sold per quarter at 20,000 cases.

The aim of the government is to support farmers while reducing the consumption of cigarette.

(i) What program or combination of programs should be implemented?

(ii) Why?

The government in your country is considering three programs that affect the market for cigarettes.

Program 1: Media campaigns and labeling requirements aimed at making the public aware of the danger of cigarette smoking.

Program 2: A price support program for tobacco farmers.

Program 3: A cap on the number of cases of cigarettes sold per quarter at 20,000 cases.

The aim of the government is to support farmers while reducing the consumption of cigarettes.

What program  or combination of programs should be implemented and why?

The government in your country is considering three programs that affect the market of cigarettes.

• Program 1: media campaigns and labeling requirements aimed at making the public aware 0f the dangers of cigarette smoking.
• program 2: A price-support program for tobacco farmers.
• Program 3: A cap on the number of cases of cigarettes sold per quarter at 20,000 cases.

The aim of the government is to support farmers while reducing the consumption of cigarettes.

What program or combination of programs should be implemented?

Choose 1

1. Program 3
2. Program 1
3. Program 1 and 3
4. Program 2
5. Reduce quantity of cigarettes consumed and reduce price of tobacco
6. All three programs
7. Reduce quantity of cigarettes consumed and reduce price of cigarettes
8. Reduce quantity of cigarettes consumed and increase price for tobacco
9. Program 1 and Program 2
10. Reduce quantity of cigarettes consumed and increase price for cigarettes

The government in your country is considering three programs that affect the market for cigarettes

• Program 1: Media campaigns and labelling requirements aimed at making the public aware of the dangers of cigarette smoking.
• Program 2: A price support program for tobacco farmers.
• Program 3: A cap on the number of cases of cigarettes sold per quarter at 20,000 cases.

The aim of the goverment is to support farmers while reducing the consumption of cigarettes.

(i) what program or combination of programs should be implemented?

(ii) why?

The government in your country is considering three programs that affect the market for cigarettes.

• Program 1: Media campaigns and labeling requirements aimed at making the public aware of the dangers of cigarette smoking
• Program 2: A price-support program for tobacco farmers.
• Program 3: A cap on the number of cases of cigarettes sold per quarter at 20,000 cases.

Determine the impact on the market for cigarettes if Program 2 is implemented.

Impact on demand

Impact on supply

impact on price

Impact on quatity

Here are the list of choices to choose one from for each

1. Quantity above equilibrium
2. Change in price uncertain
3. Excess supply
4. Excess demand
5. Shift inwards/to left
6. Quantity below equilibrium
7. Increase towards equilibrium
8. decrease towards equilibrium
9. no impact
10. change in quantity uncertain
11. Price below equilibrium

The government in your country is considering three programs that affect the market for cigarettes.

Program 1: Media campaigns and labeling requirements aimed at making the public aware of the dangers of cigarette smoking.

Program 2: A price-support program for tobacco farmers.

Program 3: A cap on the number of cases of cigarettes sold per quarter at 20,000 cases.

The aim of the government is to support farmers while reducing the consumption of cigarettes.

What program or combination of programs should be implemented? and Why?

The government in your country is considering three programs that affect the market for cigarettes

• Program 1: Media campaigns and labelling requirements aimed at making the public aware of the dangers of cigarette smoking.
• Program 2: A price support program for tobacco farmers.
• Program 3: A cap on the number of cases of cigarettes sold per quarter at 20,000 cases.

The aim of the government is to support farmers while reducing the consumption of cigarette.

What program or combination of programs should be implemented?

The government in your country is considering three programs that affect the market for cigarettes.

• Program 1: Media campaigns and labeling requirements aimed at making the public aware of the dangers of cigarette smoking
• Program 2: A price-support program for tobacco farmers.
• Program 3: A cap on the number of cases of cigarettes sold per quarter at 20,000 cases.

Determine the impact on the market for cigarettes if Program 1 is implemented.

Impact on demand

Impact on supply

impact on price

Impact on quatity

Here are the list of choices to choose one from for each

1. Excess supply
2. Change in quantity uncertain
3. shift inwards/to left
4. increase equilibrium quantity
5. decrease equilibrium quantity
6. increase towards equilibrium
7. no impact
8. decrease equilibrium price
9. shift outwards/to right
10. change in price uncertain
11. inrease equilibrium price