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What are substitutes for sweetened drinks

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Reference no: EM133662285

Questions:

  • What price elasticity does Paarlberg, Mozaffarian, and Micha's estimate imply?
  • Can you find another estimate of the price elasticity of demand for sweetened drinks?
  • Is the demand for sweetened drinks elastic or inelastic?
  • If the price of sodas rose by five percent, how much would sales drop?
  • What are substitutes for sweetened drinks?
  • Can you find an estimate of the cross-price elasticity of demand for sweetened drinks?
  • Is water a substitute or complement for soda?
  • Based on your answer to the previous question, should the cross-price elasticity be positive?
  • Do you favor a tax on sweetened drinks? Why? Why not?
  • Do you favor a tax on added sugars? Why? Why not? How could a health system reduce sugar consumption? Should it try?

Reference no: EM133662285

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