Economics For Managers

BEA683 Economics for Managers: Research Project Alcopops Tax student Name: Cong Thanh Luu Student ID: 112318 proofreader:Miss Cherie Moore Due conflict: Tuesday, 24th January, 2012 Alcopops Industry Overview Alcopops, also known as ready-to-drink(RTDs) or pre-mixed drinks, are pre-packaged alcoholic beverageic drinkic beverage with the pct of alcohol varies from 4% to 8% for the premiumor super- capability alcopops (Drug Info, 2008). Alcopops are describe to be the most best-selling(predicate) among 12-16 eld old, account for 46 percent compared with 20 percent popularity in everyplace 18s (Australin fraction of General Practice 2003). As alcohol taste is mask by adding milk, fruit juice or carbonated water, it is to a greater extent attractive to fresh hatful who are not interested in the bitter or styptic taste of alcohol (Munro, Learmonth, 2004). As a result, many a(prenominal) one-year-old people cannot reveal the taste of alcohol with every mellifluous mixes when drinking, leading to the larger drug addiction than they would. The research from stand military commission in Community Affairs in 2008 stated that 39% of young people from 18 to 19 years old model the RTDs does not contain alcohol. This misconception results in lots of sociable and frugal consequences.

Arguments of the social and economic consequences on imposing alcopops revenue As the alcopops economic consumption maturationd continuously over the years, especially for womanly drinkers, the distaff drinkers aged from 15-17 years raised(a) from 14 percent in 2000 to 60 percent in 2004 (King et al 2005). In April 2008, an increase in tax income was passed on alcopops, raising the tax reckon of RTDs in line with dictate of the full strength beer. This tax was passed in value to rile RTDs less cheap to young people and lower the pocket-sized binge drinking. However, in that keep are opposition arguments on practiceing alcopops tax. People who advocate the devour 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 bum a full essay, send it on our website: Orderessay

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