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Factors affecting elasticity of demand for coke?

Updated: 8/17/2019
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14y ago

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availability of substitutes is one of the major factor

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Q: Factors affecting elasticity of demand for coke?
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How do types of coke such as Diet Coke Coca Cola Coke Zero and Coke with a twist of lime differ in affecting your teeth?

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How did coke-cola impact agriculture?

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What has the author Eugene Thomas Sheridan written?

Eugene Thomas Sheridan has written: 'Supply and demand for United States coking coals and metallurgical coke' -- subject(s): Coke industry


What is a Elvis Presley coke bottle worth?

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How do substitute goods and complementary goods affect demand for another good?

Substitutes and complements is the fact that a change in price of one of the goods has an impact on the demand for the other good. For substitutes, an increase in the price of one of the goods will increase demand for the substitute good. (It's probably not surprising that an increase in the price of Coke would increase the demand for Pepsi as some consumers switch over from Coke to Pepsi.) It's also the case that a decrease in the price of one of the goods will decrease demand for the substitute good.


What is the difference between increase in demand and an increase in quantity demand?

Increase in demand::It imply rightwaed shift of demand curve.Therefore change in factors other than price.1. increase in taste increase in demand curve2. increase in popoulation increase in demand curve3. increase in income increase demand if normal good4. fall in income increase demand if an inferior good5. increase in price of substitute (pepsi) increase demand for good(coke)6. fall in price of complement (beer) increase demand for good7. if we expect the price of the product to increase in the future , our demand today will increase.Increse in quantity demanded::Movement up the demand curve.Therefore change in price-------- increase in price cause a decrese in quantity demanded,decrese in price cause an increase in quantity demanded .


Is coke a sub or a comp good?

Your answer depends. A substitute good means a good with increasing demand when the price of another good increases. A complimentary good means a with increasing demand when the price of another good decreases. Examples: Substitute - Two types of coffee (Deer coffee and Starbrand coffee). If the price of Deer coffee increases, then the demand of Starbrand coffee will increase. Complimentary - Hot dogs and hot dog buns. If the price of hot dogs decreases, then the demand of hot dog buns will increase. Compared to Pepsi, Coke is a substitute good. If the price of Coke rose drastically, then more people would buy Pepsi instead (demand for Pepsi would increase).


Why can you not find decaffeinated coke in bottles?

You can, maybe your store doesn't carry it because of low demand.


Why don't you have vanilla pudding in stores?

Even though Vanilla Coke is the best soft drink available today, there probably just isn't enough demand for it, thoug there are several stores that regularly carry Vanilla Coke, like Albertsons.


Can the touching of cocaine show positive in a hair test?

doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke doing coke


For ordering his favorite beverages on demand Lyndon B. Johnson had 4 buttons installed in the Oval Office labeled coffee tea Coke and what?

Fresca


What acids are there in Diet Coke?

diet coke has acid in it just less than coke diet coke does not have sugar either which coke and coke zero has