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Extract E (lines 12) states. alcohol has traditionally been viewed as a demerit good, subject to high ityjiLecuaxe; Explain the likely effects of imposing indirect

Extract E (lines 12) states. alcohol has traditionally been viewed as a demerit good, subject to high ityjiLecuaxe; Explain the likely effects of imposing indirect taxes on alcohol. [10 marks] f'\\ \\ . , A A

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