– Why is the price of Coca-Cola greater than price elasticity of demand for soft drinks generally?
– Some restaurants offer “all you can eat” meals. How is this practice related of diminishing marginal utility? What restrictions must the restaurant impose on the customer in order to make a profit?
apa fromat, 200 words each and references from Macroeconomics 11 ed by William a. mceachern and two other economics books