What price elasticity does Paarlberg, Mozaffarian, and Micha's estimate imply? Can you find another estimate of the price elasticity of demand for sweetened drinks? Is the demand for sweetened drinks elastic or inelastic? If the price of sodas rose by five percent, how much would sales drop? What are substitutes for sweetened drinks? Can you find an estimate of the cross-price elasticity of demand for sweetened drinks? Is water a substitute or complement for soda? Based on your answer to the previous question, should the cross-price elasticity be positive? Do you favor a tax on sweetened drinks? Why? Why not? Do you favor a tax on added sugars? Why? Why not? How could a health system reduce sugar consumption? Should it try