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Knowledge of economic theory

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A number of strategies have been put in place to reduce alcohol-related harm by reducing the average consumption of beer, wine and spirits across the population. These have included a legal minimum age for purchasing alcohol, restrictions on alcohol advertising and restrictions on sales promotion. " Use your knowledge of economic theory to describe how these policy responses were expected to reduce the health hazards of alcohol consumption in the community. (ensure you draw a diagram and explain it)

Reference no: EM13157524

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