Sugary drink tax third parties (MXC) and so want to consume at the unregulated market equilibrium to maximize their utility. This means that there is overconsumption of sugar and a welfare loss is created. The sugary drinks tax, a Pigovian tax, is a way to correct the negative externality by regulating the consumption of sugary drinks. Without a sugary drink tax, taxpayer money is used to pay for higher health care costs incurred from high consumption of sugar. Although this solution corrects the negative consumption externality, taxpayers that consume sugary drinks moderately and hence do not contribute to higher health care costs, still
Fictional food and drink in Middle-earth Fictional food and drink in Middle-earth Most of the cuisine found in the fictional world of Middle-earth is real food from Earth history. However, several key types of food and drink featured throughout J. R. R. Tolkien's legendarium (Tolkien's works about Middle-earth) are fictional. These are described below. Appearing in "The Hobbit" and mentioned in "The Lord of the Rings", "cram" is a biscuit-like food made by the Men of Esgaroth and Dale, which they share with the Dwarves of the Lonely Mountain. Very nutritious, it is used for sustenance on long journeys. It is not as appealing as and