Note that in the panel with the geographic distribution of ownership in Table 1, the category Other is relatively large for the UK tobacco and peer stocks
Reynolds documents described the Salem smoker as self-confident, up-to-date, and as younger adult smokers (18-23) who were characterized as social leaders/catalysts uniquely possessing a sense of humor/wit, spontaneity, warmth and unpretentious style that made them fun and exciting to be with
But among teenage smokers, demand is far more elastic
It required the institution of a cigarette fire safety standard and would oblige the Consumer Product Safety Department to employ the standards within 18 months
WARNING: Cigarettes cause lung cancer, heart disease, emphysema, and may complicate pregnancy.