asked 2.5k views
4 votes
If Coke prices go down, what happens to Pepsi demand? Why?

2 Answers

3 votes

Pepsi price lower too, to get people to afford too

answered
User Deepak Rajput
by
8.4k points
1 vote
It lowers. People prefer the cheaper option over the more expensive option. If pepsi is more expensive less people will buy it.
answered
User Tando
by
8.0k points
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