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
Food and Drink Food and Drink Food and Drink is a British television series on BBC Two. First broadcast between 1982 and 2002, it was the first national television programme in the UK to cover the subject of food and drink without cookery and recipe demonstrations. Created in 1982 by BBC producer Henry Murray, from an original idea by Jancis Robinson, Fay Maschler and Paul Levy, the first series was presented by Simon Bates and Gillian Miles, and introduced Jilly Goolden in her first regular television appearances as the programme's wine expert. Russell Harty presented filmed location reports from exceptional restaurants around Britain.