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Unfortunately, the recent NZ legislation designed to protect young people from marketing by vaping and tobacco companies is not providing the protection they deserve

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Among people who have ever smoked, the quit rate has also increased and is higher compared to current smokers, or those who have smoked more than 100 cigarettes in their lifetime and now smoke every day or some days

5 They may use e-cigarettes to quit, to switch to what they consider to be a less harmful alternative, or to complement combustible cigarettes (dual use)

Hence, if a product's demand changes with the price change, it is elastic