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2 years ago

Is coke and pepsi a duopoly

Business

1 answer:

Nookie1986 [14]2 years ago

5 0

Answer:

Rivalry between Coca-Cola and PepsiCo is not a form of warfare: it is a competitive oligopoly. We might even say it’s a duopoly because the two firms control almost the entire market for soda-flavoured colas.

Explanation:

You might be interested in

The demand curve of a monopolistically competitive firm is _________________ than that of a perfectly competitive firm. g

Hitman42 [59]

Downward sloping ; more elastic.

7 0

3 years ago

When the economy slips into a recession, normally the demand for bonds ________, the supply of bonds ________, and the interest

Leno4ka [110]

Answer:

b. decreases; decreases; falls.

Explanation:

A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.

Recession can be defined as a period of economic meltdown, in which there's a general decline in all economic activities such as trade.

Hence, when the economy slips into a recession, normally the demand for bonds decreases, the supply of bonds decreases, and the interest rate falls, ceteris paribus (everything else held constant).

5 0

3 years ago

Suppose Country A and Country B each have the same real Gross Domestic Product (GDP), equal to $440 billion. Country A has 100 m

Gennadij [26K]

Answer:

1. higher in Country A

Explanation:

Given: Gross domestic product (GDP)= $440 billion.

Country A has 100 million people.

Country B has 175 million people.

Real Gross Domestic Product (GDP): It is defined as the entire output produced annually that includes factors such as inflation and is adjusted for price changes.

Per capita real Gross Domestic Product (GDP): It gives the annual salary for the country and shows the quality of living.

Now calculating per capita real Gross Domestic Product (GDP) for both the countries.

Formula; Per capita GDP= $\frac{GDP}{Population}$

<u>Country A</u>

⇒ Per capita GDP= $\frac{440\ billion}{100\ million}$

We know one billion= 1000 million.

⇒ Per capita GDP= $\frac{440\times 1000}{100}$

∴ Per capita GDP= $\$4400\ million$

<u>Country B</u>

⇒ Per capita GDP= $\frac{440\times 1000}{175}$

∴ Per capita GDP= $\$ 2514.28 \ million$

Hence, comparing both Per capita GDP of country A and B will get Country A have higher per capita GDP.

8 0

3 years ago

ave a cash refund of $750 to a customer because of a lost package. (The customer had previously paid in cash.) Sent a check for

Kaylis [27]

Explanation:

The Journal Entry is given below:-

1. Fees income Dr, $750

To cash $750

(Being fees income is recorded)

2. Utilities expense Dr, $1,050

To cash $1,050

(Being utilities expense is recorded)

3. Accounts receivable Dr, $7,800

To fee income $7,800

(Being services provided is recorded)

4. Equipment Dr, $4,600

To cash $4,600

(Being equipment purchase is recorded)

5. Accounts payable Dr, $3,500

To cash $3,500

(Being payment of is recorded)

6. Cash Dr, $15,250

To fee income $15,250

(Being cash receive is recorded)

7. Cash Dr, $6,250

To Accounts Receivable $6,250

(Being cash receive is recorded)

8. Cash Dr, $25,000

To capital $25,000

(Being additional investment is recorded)

9. Supplies Dr, $3,250

To accounts payable $3,250

(Being purchase of supplies is recorded)

10. Rent expense Dr, $3,750

To cash $3,750

(Being rent expenses is recorded)

8 0

3 years ago

What is the main disadvantage of choosing a high deductible on an insurance

Llana [10]

Answer:

I would say B or A but more tworads A

Explanation:

im porbobly wrong

8 0

2 years ago