Professional Documents
Culture Documents
Although A Tax Increase Can Result in A Higher Price
Although A Tax Increase Can Result in A Higher Price
Although A Tax Increase Can Result in A Higher Price
today’s fast-paced world still show their inclination for fast food because of its
convenience
Fast food tax increase would not likely alter consumers' behaviors. This is because
fast food's popularity does not come from its low price, but its convenience, which is
highly prioritized in the fast-paced world today. Therefore, an inching increase in fast
food price due to higher levy would not discourage consumers with extra money but
little time to spare.