The following information is available for Coca-Cola and PepsiCo:
Definitions:
Price Increase
A rise in the cost of goods or services, affecting demand, supply, and inflation.
Optimal Consumption
The mix of goods and services that maximizes a consumer's utility given their budget constraints.
Initial Endowment
The initial quantity of goods, services, or resources an individual, institution, or country possesses at the start of an economic analysis.
Relative Prices
The price of one good or service compared to another, indicating their exchange rate in the market.
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