Recently there has been discussion in the news about taxing junk food (soft drinks, for example) in an effort to reduce the inci
dence of obesity in the U.S. Do you think the demand for junk food is elastic or inelastic with respect to price? Based on your knowledge of the price elasticity of demand, do you think the deadweight loss of a soda/junk-food tax would be relatively large or relatively small? Why? Do you think taxing junk food would be a good idea? Based on your analysis, would it really help reduce the number of obese people in the United States? Explain please give me details.
Throughout the clarification segment elsewhere here, the definition including its concern is mentioned.
Explanation:
Through me, the demand for amounts of unhealthy food seems to be inelastic in terms of costs. I acknowledge that as the cost goes up, consumers will consume less junk food, but perhaps the decrease in the supply is lower than that of the rising rise. It might be because, already though, substitutes for junk foods, particularly across the Us, are challenging to find. Unhealthy food is just the shortest and simplest meal to consume.
The reasoning here seems to be that every customer would have to purchase food even though the price rises by 1%, so consumption will still decrease by somewhere around 1%. So perhaps we can assume that quality does not influence quantities throughout the Junk Food industry.
The reduction of excess baggage would be small since it is inelastic. This symbolizes the corporation's low incompetence and as the cost is changed, the market for quantities is approximately the same, not so much impact.
I thought taxing junk foods, especially to maximize welfare spending, is a smart option. But obesity over here Is not going to help. The incorrect method for combating obesity as well as making our diets balanced is taxes. The irony is that all clients are impacted by taxes regardless of their weight status. The impact of food taxes is unclear and may result in the replacement of items that may comprise of calories that seem to be equivalent or higher.
As a result of unfavorable climate and environmental factors such as weather, and topography that barely supports agricultural practices, the Farmers in the Northern states engaged in the production of crops that can only feed their families but not enough for commercial sales such as exportation to Europe.
The food crops cultivated and harvested by the farmers in the northern states of the US are corn, beans, and squash.
Explanation: If we think about it cant be a lack of food as it talks about having a large food source. Nor can it be climate change as that would result in a low yellow Perch population. it cant be they aren't able to catch the bird. So the only logical answer is a pollution that the birds are adapted to.
This depends entirely on the federal position in question, but an example of an analogous position would the position of the state legislature as contrasted with the Congress.
The lithosphere of the earth is divided into a small number of plates which float on and travel independently over the mantle and much of the earth's seismic activity occurs at the boundaries of these plates.
