Applications of demand and Supply:Australian Greens health spokesperson, Senator Rachel Siewert on 17 May 2011 (http://greens.org.au/content/greens-call-tobacco-floor-price) has recommended a floor price on tobacco to support an ongoing campaign to improve the general health level of Australians. Write a report describing the consequences and implications for tobacco consumers, producers and Australian society generally, of a floor (minimum) price on tobacco products. Your report should be approximately two pages in length, you should use diagrams wherever appropriate and clearly state any assumptions underpinning your analysis.
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