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As a result, the smoking epidemic is met mainly with inaction, even though smokers in the region typically consume up to 500 more cigarettes than smokers outside the area

Using the equations above, if the elasticity of demand is 3 and the elasticity of supply is 0.5, then the burden of the tax on the consumer is .5/(3+.5) = .143 and the burden on the producer is 3/(3+.5) = .857

All images should be considered approximations

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The administration was first expected to finalize the ban in August 2023, meaning its delays have stretched more than seven months