In recent years, a number of cities have passed taxes on carbonated sodas to help reduce obesity

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In recent years, a number of cities have passed taxes on carbonated sodas to help reduce obesity and raise tax revenues. An article in the New York Times observed, “With that public momentum, a soda tax may be coming to a city near you.” If this forecast is correct, what will be the effect on the demand for premium bottled water? Briefly explain.

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Economics

ISBN: 978-0134738321

7th edition

Authors: R. Glenn Hubbard, Anthony Patrick O Brien

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