Law of Diminishing Returns

The article that is being expained is about tobacco legislation. It explains reasons as to how tobacco leads to many causes of different types of diseases. The reason that the debate for tobacco legislation is lessend is that remaining smokers are usually ones that value smoking and need higher disincentive before they quit smoking and also that those smokers that were easily persuaded to stop smoking have already quit.
I think the point of diminshing returns is that too much information on health problems of tobacco consumption is spread and consumers are inelastic to the information. Currently, cigarette consumption is smuggled between 6-8.5 percent in the world· To lessen diminishing returns on tobacco, increasing regulations & taxes would need to come into effect. Currently, the supply and demand are both equal for tobacco. Sin taxes are taxes that are applied towards proscribed goods and services. Examples include tobacco, alchohol, soft drinks and candy. In terms of sin taxes, if the sin taxes increased on tobacco, it still would not affect the consumption of tobacco. Instead, it increases the consumption of tobacco.