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President Cyril Ramaphosa recently announced that the alcohol industry will not be taxed the next 3 months, August, September and October 2021. Using relevant economic

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President Cyril Ramaphosa recently announced that the alcohol industry will not be taxed the next 3 months, August, September and October 2021. Using relevant economic theo discuss the impact of this tax decision on the consumers, alcohol businesses, the alcol industry? Also, discuss the elasticity of alcohol. Use relevant graphs in your discussion

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