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
Scottish Food and Drink Fortnight Scottish Food and Drink Fortnight The Scottish Food and Drink Fortnight is a nationwide festival in Scotland, designed to celebrate all aspects of Scottish food and drink, including its variety, producers and history. The event takes place at the start of September and is organised by Scotland Food & Drink and VisitScotland. The event involves over 200 miniature events across Scotland, each designed to showcase a different aspect of Scotland's cuisine. These include food festivals, farmers' markets, street parties, celebrity cookery shows, cooking demonstrations and tasting events. Tourists and people across Scotland are encouraged to try new foods made in