In recent years, a number of cities have passed taxes on carbonated sodas to reduce obesity and to raise tax revenues. an article in the new york times observes that: "with that public momentum, a soda tax may be coming to a city near you." source: anahad o'connor and margot sanger-katznov, "as soda taxes gain wider acceptance, your bottle may be next," new york times, november 26, 2016. if this forecast is correct, is the demand for premium bottled water likely to increase or decrease? briefly explain.
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In recent years, a number of cities have passed taxes on carbonated sodas to reduce obesity and to...
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