Wednesday, October 14, 2009

More On Alcohol

"Total production of ethyl alcohol over nine months made up 18 million decaliters and it reduced against the same period of the previous year by 0.93 million decaliters, the Ukrspyrt Concern informed."


Important, however

"Supplies to the domestic market grew by 3.3 million decaliters."



"The Ukrainian Cabinet of Ministers has increased minimum retail prices for some kinds of alcoholic beverages."

My question is why the cabinet regulates the retail price - an increase in retail price should reduce demand but the increase in prices would benefit the producers - a tax would seem to make more sense

No comments:

Post a Comment