Q1. in a unregulated competitive market, supply and demand have been estimated as follows:
Demand P= 25 - 0.10Q and Supply P= 4+ 0.116Q
where presents unit cost in dollars and Q represents number of units sold per year calculate consumer and producers surplus.
Q2. Illustrate what does the evolution of Coke's strategy tell you about the convergence of consumer tastes and preferences in today's global economy?