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The formula is simple but revealing: PED = (% Change in Quantity Demanded) (% Change in Price) The result is usually negative (because quantity often falls when price rises), but we focus on the absolute value for interpretation

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With traditional cigarettes, he says, when a patient comes in who is addicted to nicotine, Ill ask what brand they are smoking, and then I can figure out exactly how much tar, nicotine and other chemicals are in those cigarettes

In every pair of boots, every knick-knack that says Jesus Loves You, and every pack of cigarettes, there are stories that cross cultures and economies, borders real and imaginary

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Vaping types could be even more hazardous, because vapors are more easily absorbed than smoke, she said