§ Mr. Proctorasked the Chancellor of the Exchequer what is his estimate of the price elasticity for tobacco products; and if he will make a statement.
§ Mr. HayhoeThe price elasticity of demand used for tobacco products is minus 0.5.
§ Mr. Proctorasked the Chancellor of the Exchequer what is his estimate of the price elasticity for tobacco products; and if he will make a statement.
§ Mr. HayhoeThe price elasticity of demand used for tobacco products is minus 0.5.