Will The Price Of Nicotine Patches Rise With The Cost Of Tobacco Products?
I’ve heard that the Australian government has been talking about more taxes on cigarettes so that the price of cigarettes in Australia will increase to an estimated $20 per packet. As a smoker I obviously want to quit. My question is will the drug companies follow suit by increasing the cost of nicotine replacement therapies because of an increased demand?
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One Response to “Will The Price Of Nicotine Patches Rise With The Cost Of Tobacco Products?”
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November 9th, 2009 at 1:03 pm
yes.
Increase in output means increase in their production cost, part of which will be translated into increase in price.