In recent years, a number of cities have enacted taxes on soda and other sweetened beverages. If the policy goal of these city governments is to reduce health care costs and insurance rates for taxpayers by reducing the total amount of soda and sweetened beverages consumed, this would be most successful if the demand for these sweetened beverages is O elastic. O perfectly inelastic. unit elastic. O inelastic.

In recent years, a number of cities have enacted taxes on soda and other sweetened beverages. If the policy goal of these city governments is to reduce health care costs and insurance rates for taxpayers by reducing the total amount of soda and sweetened beverages consumed, this would be most successful if the demand for these sweetened beverages is O elastic. O perfectly inelastic. unit elastic. O inelastic.

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter5: Price Elasticity Of Demand And Supply

Section: Chapter Questions

Problem 6SQ: If a decrease in the price of movie tickets increases the total revenue of movie theaters, this is...

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