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The increase in the demand for alcoholic drinks has lead the government to increase the tax on such drinks. Graphically represent and explain, with demand
- The increase in the demand for alcoholic drinks has lead the government to increase the tax on such drinks. Graphically represent and explain, with demand and supply graphs, the effect on the price and quantity in the market for alcoholic drinks. Hint: address all possibilities in your answer. 3 Marks
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