Edexcel A Level: Economics Book 1 by Peter Smith

Author:Peter Smith [Smith, Peter]
Language: eng
Format: epub
ISBN: 978-1-4718-3002-0
Publisher: Hodder Education
Published: 2015-03-21T16:00:00+00:00

a Giving examples, distinguish between the private costs and external costs of cigarette consumption.

b Illustrating your answer with a supply and demand diagram, analyse the effect of an increase in tax on tobacco.

c To what extent does taxation of tobacco result in government failure?

d Assess the likely economic effects of a minimum price being set for alcoholic drinks.

e Examine two other ways in which the government might discourage the consumption of alcohol and tobacco.

THEME 2

THE UK ECONOMY — PERFORMANCE AND POLICIES

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.