alcohol tax Flashcards
1
Q
rules governing led by a public authority to limit or increase a certain phenomenon within a population
A
NCCHPP, 2012
2
Q
aim
A
reduce externalities and rather than raise revenue
3
Q
response of taxation depends on price elasticity of demand
A
gallet2007
4
Q
meta - analysis show that alcohol taxes reduce
A
disease, violence, crashes
5
Q
price as a quality proxy
A
consumers use price to rank quality
6
Q
price promotions
A
can distort signal
7
Q
signalling theory
A
supplier use prices to signal superior quality
8
Q
2 types of consumers
A
abuser and non-abuser
9
Q
conclusion
A
needs to be supported by price promotion regulations