What is the market structure of the soda market, which 80% is controlled by Cokeand Pepsi?pure competitionoligopolyOmonopolistic competitionmonopoly

There are various firms exist in soda market. The main two firms are Coke and Pepsi.

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What is the market structure of the soda market, which 80% is controlled by Coke and Pepsi?

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter10: Monopolistic Competition And Oligoply

Section: Chapter Questions

Problem 5SQP

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What is the market structure of the soda market, which 80% is controlled by Coke
and Pepsi?
pure competition
oligopoly
Omonopolistic competition
monopoly

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