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Statistical studies have shown that the price elasticity of demand is roughly -0.50 , and the price elasticity of supply is about 0.45

The Management Board, as the chief operating decision-maker, reviews a number of our IFRS and non-GAAP measures for the Group and its product categories and geographic segments at constant rates of exchange

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They cited research that found menthol cigarettes disproportionately harm the health of vulnerable populations, particularly African Americans