Question

It seems quite possible that cigarette companies concealed information about the effect of smoking on health, causing cigarette prices to be __________ and cigarette sales to be __________ than would have been the case under symmetric information. higher; higher higher; lower lower; higher lower; lower

Answer 1

I think the higher and then lower

Answer 2

Answer:

higher; higher

Explanation:

Tobacco and cigarettes companies actively enclosure or hid information from the public on the consequences and problems to the health that smoking had this was in order to keep their prices high and their sales high as well, they were affraid that if people would figure out the harm that the cigarettes do to the lungs and organism in general they´d stop smoking, nowadays there is even information and pictures of those diseases in cigarette packs and people keep smoking.