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Of the 193 smokers (of a total of 197 smokers) who responded to questions regarding this decision, a significantly greater percentage of light/mild cigarette smokers, compared to full flavor cigarette smokers, stated that their current brand choice decision was based on health concerns (27% vs 4%, respectively
In parallel, taxes on cigarettes and strict restrictions on the marketing of these products have played an important role. She added that Sweden is not there yet, noting that the proportion of smokers is higher in disadvantaged socio-economic groups
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Having said that, British American Tobacco and Altria seem to be fairly comfortable with the elasticity as they continue to raise prices. As one of the countrys largest tobacco producers, Altria, Richmond, Virginia includes the following companies: Philip Morris USA, U.S