In 2016, Philadelphia Imposed a Tax of 1

question 284

Multiple Choice

In 2016, Philadelphia imposed a tax of 1.5 cents per ounce on sweetened beverages, and PepsiCo indicated that its sales in Philadelphia fell by 40 percent after the tax took effect.If the price of PepsiCo's sweetened beverages in Philadelphia increased by 32 percent following the implementation of the tax, then based on these figures total revenue

• A)increased.
• B)decreased.
• C)did not change.
• D)There is not enough information to determine what happened to total revenue.

Understand the neuroscientific aspects of adolescent brain development and its behavioral outcomes.

Understand demographic changes in family structures over the past few decades.

Recognize the impact of childbearing on marital satisfaction.

Comprehend the trend in the average age of first marriage over time.

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Definitions:

Walsh-Healy Public Contracts Act

A U.S. federal law that requires minimum wage, maximum hours, and safety and health standards for contractors producing goods for the government.

Labor Markets

The supply and demand for labor, where employers seek to hire workers and workers look for jobs, influenced by factors like wages, labor conditions, and economic policies.

Consumer Price Index

An index that measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.