As a government official, Bill wants people to be healthier and consume less high-fructose corn syrup.  He has decided to use taxes to discourage people from drinking non-diet soda.  How would he describe his decision to an economist? Group of answer choices If I decrease taxes on non-diet soda, there will be an increase in the quantity demanded, which means fewer people will drink non-diet soda. If I increase taxes on non-diet soda, there will be a decrease in demand, which means fewer people will drink non-diet soda. If I increase taxes on non-diet soda, there will be an increase in demand, which means fewer people will drink non-diet soda. If I decrease taxes on non-diet soda, there will be a decrease in demand, which means fewer people will drink non-diet soda. Taxes will have no effect on demand for non-diet soda.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter3: Demand And Supply
Section: Chapter Questions
Problem 3SCQ: In an analysis of the market for paint, an economist discovers the facts listed below. State whether...
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As a government official, Bill wants people to be healthier and consume less high-fructose corn syrup.  He has decided to use taxes to discourage people from drinking non-diet soda.  How would he describe his decision to an economist?

Group of answer choices

If I decrease taxes on non-diet soda, there will be an increase in the quantity demanded, which means fewer people will drink non-diet soda.

If I increase taxes on non-diet soda, there will be a decrease in demand, which means fewer people will drink non-diet soda.

If I increase taxes on non-diet soda, there will be an increase in demand, which means fewer people will drink non-diet soda.

If I decrease taxes on non-diet soda, there will be a decrease in demand, which means fewer people will drink non-diet soda.

Taxes will have no effect on demand for non-diet soda.

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