sophie thatcher smoking cigarettes Courtney Eaton & 🐝 : r/Yellowjackets sophie thatcher smoking

To view or add a comment, sign in The Economist talks about why American tobacco stocks have outperformed tech in recent years and textbook example of "price-inelastic" buyers: Over the past decade, the # of US smokers has declined by 20m (and cigarettes sold is down by 1/3rd) So, cigarette firms have charged more to their most committed smokers (operating margins grown from 50% to 60%) In 2025, cigarette makers in the US will make operating profit of $22B While the industry goes away, only the most addicted smokers are left

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Standalone, Plug-and-Play Design Operates independently without connecting to other systems

Another limitation is that the study did not account for potential confounding factors such as lifestyle behaviours (such as coffee and alcohol consumption and physical activity), which may be associated with e-cigarette use