1. Compare the minimum the effects on alcohol consumption of imposing unit price of alcohol with raising the duty Cas fixed percentage) on alcohol drinks. What are the of the two policies for the revenue implications government ?
1. Compare the minimum the effects on alcohol consumption of imposing unit price of alcohol with raising the duty Cas fixed percentage) on alcohol drinks. What are the of the two policies for the revenue implications government ?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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so what are the revenue implications of the two policies?(minimum unit
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