Suppose the price of pepsi falls dramatically. How will this affect the market for coke (Microeconomics)?

Suppose the price of pepsi falls dramatically. How will this affect the market for coke (Microeconomics)?
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Neoclassical economics concerns itself with the determination of various prices. In the branch of Microeconomics, economists are concerned with _________, while in Macroeconomics they consider _________ (a) Price rises: price falls ; (b) Real prices: nominal prices ; (c) Individual product prices: the aggregate price level ; (d) Costs to consumers: costs to producer

Description : Neoclassical economics concerns itself with the determination of various prices. In the branch of Microeconomics, economists are concerned with _________, while in Macroeconomics they consider _________ (a) Price ... prices: the aggregate price level ; (d) Costs to consumers: costs to producer

Last Answer : (c) Individual product prices: the aggregate price level ; 

If the price of Pepsi decreases relative to the price of Coke and 7-Up, the demand for (1) Coke will decrease (2) 7-Up will decrease (3) Coke and 7-Up will increase (4) Coke and 7-Up will decrease

Description : If the price of Pepsi decreases relative to the price of Coke and 7-Up, the demand for (1) Coke will decrease (2) 7-Up will decrease (3) Coke and 7-Up will increase (4) Coke and 7-Up will decrease

Last Answer : (4) Coke and 7-Up will decrease Explanation: Price elasticity of demand (PED or Ed) is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or ... it, while the demand for Coke and 7-Up will decrease because of no change in their price level.

If the price of Pepsi decreases relative to the price of Coke and 7-Up, the demand for (1) Coke will decrease (2) 7-Up will decrease (3) Coke and 7-Up will increase (4) Coke and 7-Up will decrease

Description : If the price of Pepsi decreases relative to the price of Coke and 7-Up, the demand for (1) Coke will decrease (2) 7-Up will decrease (3) Coke and 7-Up will increase (4) Coke and 7-Up will decrease

Last Answer : Coke and 7-Up will decrease

Do any fast food restaurants still serve Coke and Pepsi at the same store?

Description : Do any fast food restaurants still serve Coke and Pepsi at the same store?

Last Answer : Never seen it. I believe that the soft drink maker gets a deal with the whole chain (at the corporate level) and that all the stores have to follow whatever corporate says. The only place i have seen ... Pepsi and Coke. Like the QT chain in the southern US or the Sheets chain in the mid-Atlantic.

Fluff time; Coke or Pepsi, and was your choice influenced by anyone?

Description : Fluff time; Coke or Pepsi, and was your choice influenced by anyone?

Last Answer : Coke- family choice growing up. Older- Dr Pepper -still dark drink fav. to swill. Now- Sierra Mist,7up, Sprite. Root Beer. – no caffeines.

Will you change your dining habits now that Applebees and IHOP are switching from Coke to pepsi?

Description : Will you change your dining habits now that Applebees and IHOP are switching from Coke to pepsi?

Last Answer : Um – that would be a “no” since those aren’t the kinds of restaurants I frequent anyway.

Do you like coke or pepsi?

Description : Do you like coke or pepsi?

Last Answer : answer:I don’t like either. Carbonated drinks make my stomach ache. I will sometimes drink 7-up or sprite, but I can do so only if I shake the bottle hard first, to make it flat.

Do Diet Coke/Diet Pepsi/Diet Colas really rot children's teeth?

Description : Do Diet Coke/Diet Pepsi/Diet Colas really rot children's teeth?

Last Answer : Diet sodas have artificial sweeteners, right? Those things are terrible for you. I avoid them at all cost, and wouldn't give them to my children. We drink natural soda, and when my children are old enough ... they can drink it as well. I think it's a moderation thing. Too much can hurt the teeth.

Coke or pepsi?

Description : Coke or pepsi?

Last Answer : answer:Of the two, so Pepsi, so much. Diet. The tingly action on the throat is awesome. Nowadays, though, I drink Diet Rite cola, which uses Splenda rather than aspartame and has no caffeine and no sodium. It is sort of reminiscent of old-fashioned fountain sodas.

Alright boys and girls, if you had to choose between Pepsi and Coke, explain why you choose Pepsi?

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Last Answer : They run out of Coke

What's The Difference Between Coke and Pepsi?

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Which of the following would not be considered substitutes? (a) butter and margarine ; (b) Coke and Pepsi ; (c) Fords and Chevrolets (d) Hamburgers and french fries

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Last Answer : (d) Hamburgers and french fries

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Last Answer : (c) Coke and Pepsi ;

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If Pepsi sets the price of its six pack to match exactly the price of Coca - Cola's, Pepsi is using a ------ pricing method. A)demand -oriented B)cost -oriented C)experience curve D)competition -oriented

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Which of the following is not a potential for a ranking problem between two mutua lly exclusive projects? A. The projects have unequal lives that differ by several years. B. The costs of the two projects differ by nearly 30%. C. The two projects have cash flow patterns that differ dramatically. D. One of the mutually exclusive projects involves replacement while the other involves expansion

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Last Answer : A. The projects have unequal lives that differ by several years

Which of the following is not a potential for a ranking problem between two mutua lly exclusive projects? A. The projects have unequal lives that differ by several years B. The costs of the two projects differ by nearly 30%. C. The two projects have cash flow patterns that differ dramatically D. One of the mutually exclusive projects involves replacement while the other involves expansion

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Last Answer : A. The projects have unequal lives that differ by several years

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As far as surgical removal of wisdom teeth is concerned, which of the following is true?**CHECK A. Prophylactic prescription of antibiotic reduces dramatically the chances of infection B. Raising a lingual flap will increases the incidence of neurapraxia but will reduce the incidence of neurotmesis with respect to the lingual nerve ADC M07 C. Prophylactic prescription of dexamethasone will dramatically reduces post operative swelling D. Inferior dental nerve injury is unlikely since the nerve passes medial to the wisdom tooth root E. The use of vasoconstrictors in local anaesthetics will increase the chances of infection.

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How do you suppose the threat of being handed if they scare the ladies will affect the artisans interpretation of the tragedy of Pyramus and Thisby?

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What? 1956 ad: Pepsi Cola is the choice drink of mental patients when forced fluids are indicated.

Description : What? 1956 ad: Pepsi Cola is the choice drink of mental patients when forced fluids are indicated.

Last Answer : Love those old ads. I’d walk a mile for a camel. Most doctors recommend Kent cigarrettes.

What is that snowlike substance that occurs in Pepsi when you freeze it?

Description : What is that snowlike substance that occurs in Pepsi when you freeze it?

Last Answer : Snow.

What's the difference between Coca-Cola and Pepsi? Which one do you like best?

Description : What's the difference between Coca-Cola and Pepsi? Which one do you like best?

Last Answer : I am definitely a coke fan. I think it is tangier. Pepsi actually makes my stomach feel strange, but coke is my favorite vice.

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Who sings forever young in the Pepsi commercial?

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Last Answer : Celeb Bradham, founder of Pepsi.

Why are Pepsi cola sold in most restaurants?

Description : Why is it that so many restaurants only sell Pepsi cola and Coca cola is not available in these places?

Last Answer : I just talked to one of my friends who has a restaurant. Lake I still got zero coca cola from them, today I see that there is no and only Pepsi products are served. I asked ... business partner. In such restaurants, they are contractually bound and cannot serve the product of a competing company.