Economics For Managers

BEA683 Economics for Managers: Research Project Alcopops Tax Student promise: Cong Thanh Luu Student ID: 112318 subscriber:Miss Cherie Moore Due Date: Tuesday, twenty-fourth January, 2012 Alcopops Industry Overview Alcopops, too known as ready-to-drink(RTDs) or pre-mixed drinks, atomic number 18 pre-packaged alcoholic drinkic drinkable with the pct of alcohol varies from 4% to 8% for the premiumor super- capability alcopops (Drug Info, 2008). Alcopops are reported to be the most popular among 12-16 eld old, account for 46 part compared with 20 percent popularity in over 18s (Australin Division of oecumenic Practice 2003). As alcohol strain is masked by adding milk, fruit juice or carbonated water, it is more pleasing to fresh slew who are non interested in the bitter or styptic taste of alcohol (Munro, Learmonth, 2004). As a result, many materialization people cannot detect the taste of alcohol with either mellifluous mixes when drinking, leading to t he larger intake than they would. The research from Standing military commission in fellowship Affairs in 2008 stated that 39% of young people from 18 to 19 years old thought the RTDs does not contain alcohol. This misconception results in lots of sociable and economic consequences.

Arguments of the mixer and economic consequences on imposing alcopops revenue As the alcopops economic consumption annexd continuously over the years, especially for womanly drinkers, the womanish drinkers aged from 15-17 years raised from 14 percent in 2000 to 60 percent in 2004 (King et al 2005). In April 2008, an increase i n measure was passed on alcopops, raising t! he tax appreciate of RTDs in line with rate of the full strength beer. This tax was passed in value to make RTDs less cheap to young people and lower the underage binge drinking. However, in that valuate are opposition arguments on practiceing alcopops tax. People who advocate the experience of alcopops tax argued that the amount of RTDs consumption decreased significantly of 30.2 percent (from 18.7 million litres in...If you want to get a full essay, hostelry it on our website: BestEssayCheap.com

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