Which broad field of economics would most likely study how consumers respond to a hike in alcohol taxes?

Name: Which broad field of economics would most likely study how consumers respond to a hike in alcohol taxes?
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Question

Quizplus · Accepted Answer

This question is about how consumers respond to a price change (i.e. a tax increase), which falls under the realm of microeconomics - the study of individual economic agents such as households, firms, and markets.

Which Broad Field of Economics Would Most Likely Study How