Justin considers coke (x1) and diet coke (x2) to be perfect substitutes

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Justin

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considers coke (x1) and nourishment coke (x2) to be unexceptionable substitutes. Vulgarly, the expense of coke is $0.40 per can, the expense of nourishment coke is $0.50 per can, and Justin has $20 to bestow per month.

a) What is Justin’s optimal decline lot at vulgar expenses and proceeds?

b) Assume there is a odd common heartiness hostilities to brow-bent the decline of sugar sweetened beverages. The local common heartiness plan imposes a 25% impost on delightful beverages (such as coke) yet not attributable attributable attributable beverages containing artful sweeteners (such as nourishment coke). What is Justin’s odd optimal decline lot behind the impost is imposed? Does this common heartiness hostilities keep the desired consequence on Justin’s decline?

c) I Justin reform extempore or worse behind the 25% impost on delightful beverages (such as coke) is introduced?

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Justin considers coke (x1) and diet coke (x2) to be perfect substitutes

Justin considers coke (x1) and regimen coke (x2) to be faultless substitutes. Popularly, the charge of coke is $0. 40 per can, the charge of regimen coke is $0. 50 per can, and Justin has $20 to lavish per month. a) What is Justin’s optimal decrement load at popular charges and proceeds?b) Assume there is a novel general vigor belligerence to intimidate the decrement of sugar sweetened beverages. The restricted general vigor management imposes a 25% rate on honied beverages (such as coke) except referable beverages containing simulated sweeteners (such as regimen coke). What is Justin’s novel optimal decrement load behind the rate is imposed? Does this general vigor belligerence own the desired goods on Justin’s decrement?c) I Justin ameliorate unpremeditated or worse behind the 25% rate on honied beverages (such as coke) is introduced?

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Justin considers coke (x1) and diet coke (x2) to be perfect substitutes.

Justin considers coke (x1) and nutriment coke (x2) to be absolute substitutes. Exotericly, the appraisement of coke is $0.40 per can, the appraisement of nutriment coke is $0.50 per can, and Justin has $20 to squander per month.

a) What is Justin’s optimal waste lot at exoteric appraisements and pay?

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Justin considers coke (x1) and diet coke (x2) to be perfect substitutes.
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b) Assume there is a innovating exoteric sanity campaign to brow-bent the waste of sugar sweetened beverages. The biased exoteric sanity system imposes a 25% impost on delightsome beverages (such as coke) excluding referable beverages containing fabricated sweeteners (such as nutriment coke). What is Justin’s innovating optimal waste lot succeeding the impost is imposed? Does this exoteric sanity campaign accept the desired movables on Justin’s waste?

c) I Justin amend extempore or worse succeeding the 25% impost on delightsome beverages (such as coke) is introduced?

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Approximate price: $22

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