Market prices in regards to alcohol consumption
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How would I determine the market prices in regards to alcohol consumption?
© BrainMass Inc. brainmass.com May 24, 2023, 1:25 pm ad1c9bdddfhttps://brainmass.com/economics/utility-demand/market-prices-in-regards-to-alcohol-consumption-20894
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A market based price is a price set by the mutual decisions of many buyers and sellers in a competitive market. High demand for alcohol by buyers would raise the market prices. In order to decrease consumption of alcohol many states choose to put a tax on such items as alcohol making alcohol more expensive to ...
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