Ireland's tax on plastic shopping bags successfully reduced consumer use of these bags because the

Question

Quizplus · Accepted Answer

The success of the tax on plastic shopping bags in reducing consumer use can be attributed to the fact that demand for plastic bags is very elastic. This means that consumers are responsive to changes in price and are likely to switch to alternative options (such as reusable bags) if the price of plastic bags increases. The tax on plastic bags provided an economic incentive for consumers to switch to more sustainable options, leading to a significant reduction in plastic bag usage.

Ireland's Tax on Plastic Shopping Bags Successfully Reduced Consumer Use