Smoking Is Down, but Why Are Profits Up?

industry insider: 업계 내부자
accelerate: 가속화되다
And industry insiders expect that this decline is going to accelerate over the next decade.

thriving: 번성하는
The tobacco industry is thriving.

price elasticity: 가격탄력성
This is all about price elasticities and cigarette manufacturers understand them.

addicted: 중독된
However, as more people have quit, only the most committed or addicted smokers remain.

cynically: 냉소적으로
And they’re doing this just out in the open fairly cynically exploiting those most addicted smokers.

infinitely: 무한히
You can’t have infinitely costly cigarettes.