Question - Nosmo King is an anti smoking crusader who finds that people who don't recognize him sometimes offer him a cigarette. He always takes the cigarette and throws it away. This happens ten times a year and Nosmo figures this way there are ten fewer cigs for others to smoke.
A. How does Nosmo's policy affect the demand and supply curves for cigarettes?
B. How does Nosmo's policy affect the equilibrium quantity of cigarettes?