Consider the market for soft drinks in Canada, where there are over a thousand stores that sell soft drinks at any given moment. Suppose the health authority issues a public warning that consuming...

Consider the market for soft drinks in Canada, where there are over a thousand stores that sell soft drinks at any given moment. Suppose the health authority issues a public warning that consuming soft drinks is not good for health. Holding all other factors constant, what will be the effect on market? Draw a graph and explain.

Sep 28, 2022

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Consider the market for soft drinks in Canada, where there are over a thousand stores that sell soft drinks at any given moment. Suppose the health authority issues a public warning that consuming...

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