Campus drinking is a common problem. And with that drinking comes a stew of problems, including trafc accidents. sexual assautt. property crimes, and sexually transmitted diseases. l[Cline way to curb campus drinking is to increase the price of beer, wine, and booze. 1u'ii'hen the price of alcohol goes up, college students drink less. That's the conclusion from a Harvard survey ot 22,831 students at 158 colleges. Students faced with a $1 increase above the average drink price of$2.1? will be 33 percent less likely to drink at all or as much. Dozens of other studies have conrmed that higher aicoh ol prices (regs via excise taxes} reaiiv do reduce campus drinking and its antisocial eects. Source: News Accounts a. According to the News Wire, what would be the response of students to a tax on alcohol that raises the price of alcoholic drinks by $1? Pceidollars per drink) b. lISraph the response of students to higher alcohot prices. M Use the tool provided rFitter tax' to show the likely mice and quantityI when there is a tax on alcoholic drinks. Market for Alcoholic Drinks Before-tax equilibrium Quantitnum her of drinks per night)