Question

Why do youth smokers tend to have more responsiveness to price changes in cigarettes than adult smokers?

a) Youth are more price-sensitive
b) Youth have higher income
c) Adults have stronger preferences
d) Adults are more impulsive buyers

Answer 1

Youth smokers tend to have more responsiveness to price changes in cigarettes than adult smokers because they are more price-sensitive. So, the correct answer is option a.

Step-by-step explanation:

The reason why youth smokers tend to have more responsiveness to price changes in cigarettes than adult smokers is because youth are more price-sensitive. This means that they are more sensitive to changes in the price of cigarettes, and are more likely to change their smoking behavior in response to price increases. On the other hand, adults may have stronger preferences for smoking and may be less likely to change their behavior in response to price changes.

So, the correct answer is option a.