Mahdu views Coke, (q), and Pepsi as perfect substitutes: He is indifferent as to which one he
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Mahdu views Coke, \(q\), and Pepsi as perfect substitutes: He is indifferent as to which one he drinks. The price of a 12-ounce can of Coke is \(p\), the price of a 12-ounce can of Pepsi is \(p^{*}\), and his weekly cola budget is \(Y\). Derive Mahdu's demand curve for Coke using the method illustrated in Figure 5.1.
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