Yow are the manager of a firm that produces and markets ageneric type of soft...
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Economics
Yow are the manager of a firm that produces and markets ageneric type of soft drink in a competitue market in addition tothe Suppose that?due to the successfultiobbing efforts of sugarproducers in the United Safes?Congress is going to levy a
$0.50
per pound tariff on all imported naw sugar?the primary input foryour product?In addition?Cole and Pepsi plan to iaunch an aggessiveadvertising carreaign designed to persusde convumers that theirbanded products are superior to generic solt drinks? How will theseevents impact the equilibrium price and quantity of generc solsdrinks? resurtumpte?????
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1 Equilitrium quantity
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