Why is price of coca-cola greater price elasticity of demand


Assignment:

- 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 format, 200 words each and references from Macroeconomics 11 ed by William a. mceachern and two other economics books

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