Question 1SABMiller (South African Breweries – Miller) and Anheuser Busch are the two major producers of beer in the USA. They both manufacture a cheap homogeneous beer- Miller Genuine Draft (MGD) and Budweiser (Bud). These beers are direct substitutes and consumers have no brand loyalty – they choose whichever one is cheaper. Demand for beer in the US is_P=500-Q/10

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