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[10 marks] Define tax: indirect tax is a tax levied on goods and services, it is levied on producers who then pass on to consumers in terms of higher prices Define PED: PED refers to the degree of responsiveness of quantity demanded to a given change in price of the product Ability of market forces of demand and supply to achieve allocative inefficiency, ie welfare not maximised (DWL exists) and there is requirement of government intervention

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Artificial Flavours and Sweeteners Flavoured rolling papers are popular, particularly among newer smokers, because they add a sweet or fruity element to the experience

In February, one of Makarys deputies blocked an FDA decision that would have authorized the first fruit-flavored vapes, according to internal memos later released by the agency