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High Cigarette Taxes Brings Crime to Chicago, California, New York - 1 views

www.chicagonow.com/...to-chicago-california-new-york

cigarette taxes crime

shared by Hiroki Takahashi on 12 Jun 13 - No Cached

BBC News - Scottish minimum alcohol pricing passed by parliament - 1 views

www.bbc.co.uk/...and-scotland-politics-18160832

shared by Arla Takala on 07 Jun 12 - No Cached

Scottish minimum alcohol pricing passed by parliament
- Arla Takala on 07 Jun 12
  
  Microeconomics - Minimum price on alcohol in Scotland
  
  <div class="cArrow"> </div><div class="cContentInner">Microeconomics - Minimum price on alcohol in Scotland</div>
  
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minimum drink pricing
- Arla Takala on 07 Jun 12
  
  Minimum price = legally imposed price floor below which that normal market price cannot fall
  
  <div class="cArrow"> </div><div class="cContentInner">Minimum price = legally imposed price floor below which that normal market price cannot fall</div>
  
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Under the plans, the cheapest bottle of wine would be £4.69 and a four-pack of lager would cost at least £3.52.
- Arla Takala on 07 Jun 12
  
  Consumers pay a higher price for same product
  
  <div class="cArrow"> </div><div class="cContentInner">Consumers pay a higher price for same product</div>
  
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Scottish Health Secretary Nicola Sturgeon said that, as drink had become cheaper, alcohol-related hospital admissions had quadrupled and half of prisoners said they were drunk when they committed offences.
- Arla Takala on 07 Jun 12
  
  The government imposed a minimum price to reduce the amount of crime and injuries caused by alcohol
  
  <div class="cArrow"> </div><div class="cContentInner">The government imposed a minimum price to reduce the amount of crime and injuries caused by alcohol</div>
  
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alcohol
- Arla Takala on 07 Jun 12
  
  Alcohol is a demerit good (over consumed or over produced) and has negative effects on society
  
  <div class="cArrow"> </div><div class="cContentInner">Alcohol is a demerit good (over consumed or over produced) and has negative effects on society</div>
  
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Labour said minimum pricing could generate profits of more than £125m for alcohol retailers
- Arla Takala on 07 Jun 12
  
  Increase in profit for alcohol retailers due to an increase in price of alcohol
  
  <div class="cArrow"> </div><div class="cContentInner">Increase in profit for alcohol retailers due to an increase in price of alcohol</div>
  
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A study into a 50p minimum alcohol price by Sheffield University said the policy would see a 5.5% cut in drinking - with harmful drinkers' consumption falling by more than 10%, compared with a 2.5% fall for moderate drinkers.
- Arla Takala on 07 Jun 12
  
  The increase in price of alcohol would cause a reduction in demand
  
  <div class="cArrow"> </div><div class="cContentInner">The increase in price of alcohol would cause a reduction in demand</div>
  
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- Arla Takala on 07 Jun 12
  
  Minimum price causes a surplus in the market because supply exceeds demand
  
  <div class="cArrow"> </div><div class="cContentInner">Minimum price causes a surplus in the market because supply exceeds demand</div>
  
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- Arla Takala on 07 Jun 12
  
  This causes a reduction in market size
  
  <div class="cArrow"> </div><div class="cContentInner">This causes a reduction in market size </div>
  
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- Arla Takala on 07 Jun 12
  
  This may cause informal markets since some firms may sell their surplus at prices below the equilibrium however this is illegal
  
  <div class="cArrow"> </div><div class="cContentInner">This may cause informal markets since some firms may sell their surplus at prices below the equilibrium however this is illegal</div>
  
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High Cigarette Taxes Brings Crime to Chicago, California, New York - 1 views

BBC News - Scottish minimum alcohol pricing passed by parliament - 1 views

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