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Section 2. Impact of economic variables Obesity is a serious problem within society. Currently, the government seeks to mitigate this situation by applying a tax
Section 2. Impact of economic variables Obesity is a serious problem within society. Currently, the government seeks to mitigate this situation by applying a tax on the consumption of these foods. Analyzing the 2-liter soft drink market, answer the following: Price per-litre Consumption of soft drinks Supply of soft drinks (millions of It) (millions of It) 1 Calculate and graph the market equilibrium. 2 Assuming that the government places a tax of 2 MXN on the producer, calculate and graph the new market equilibrium on the previous graphic. 3 What are the factors that determine the nal impact of this measure on the market
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