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> they could've targetted demand. They chose to target supply with a "sin tax". I think you've got that back to front. A higher price reduces demand. There is
by jemmyw 8mo ago
> they could've targetted demand. They chose to target supply with a "sin tax".
I think you've got that back to front. A higher price reduces demand. There is still the capability to supply, but the demand is no longer there.