After you have studied Reading Between the Lines (pp. 194–195), answer the following questions.
a. If big cups of sugary drinks are banned at restaurants, theaters, and stadiums:
(i) How will the price of an ounce of sugary drink change?
(ii) How will consumers respond to the change in price?
b. If a tax is imposed on sugary drinks, how does
(i) The marginal utility of a sugary drink change?
(ii) The consumer surplus in the market for sugary drinks change?