Question: Please answer in a simple way for both. Not too long but not too short please. Something not difficult to understand Question 1 5 pts

Please answer in a simple way for both. Not too long but not too short please. Something not difficult to understand

Question 1 5 pts Assume coke and diet coke are substitutes for consumers. What would happen to the equilibrium prices and quantities of both regular and diet coke if the price of sugar increases? Pretty HTML Editor |> : D Question 2 5 pts If taxes affect both demand and supply, discuss the effect of an increase in taxes on the equilibrium price and quantity. Edit View Insert Format Tools Table 12pt ~ Paragraph B IYA & T V

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Do not take criticism personally, even if it is meant to be personal.

2. To understand that as a general rule it takes about 3 minutes before the other part(s) have made up a 90% impression of you.

3. To understand that the first impression means a lot, and it takes a lot of energy to change this first impression.