In 2012, the Scottish government introduced a 50 pence minimum price for a unit of alcohol.  [One bottle of beer has about 2 units.] Assume that an alcoholic has £60 a week to divide  between food and alcohol. How will this policy affect the alcoholic? (Feel free to make up  prices.) Optional: how do you think the alcoholic would react?

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Chapter4: The Market Forces Of Supply And Demand
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. In 2012, the Scottish government introduced a 50 pence minimum price for a unit of alcohol. 
[One bottle of beer has about 2 units.] Assume that an alcoholic has £60 a week to divide 
between food and alcohol. How will this policy affect the alcoholic? (Feel free to make up 
prices.) Optional: how do you think the alcoholic would react?

 

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