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{"ops":[{"insert":"The U.S. government administers two programs\nthat affect the market for cigarettes.\nMedia campaigns and labeling requirements\nare aimed at making the public aware of the\ndangers of cigarette smoking. At the same\ntime, the Department of Agriculture maintains\na price-support program for tobacco farmers,\nwhich raises the price of tobacco above the\nequilibrium price.\na. How do these two programs affect cigarette\nconsumption? Use a graph of the cigarette\nmarket in your answer.\nb. What is the combined effect of these two\nprograms on the price of cigarettes?\nc. Cigarettes are also heavily taxed. What effect\ndoes this tax have on cigarette consumption?\n"}]}
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