Recent research has documented the fact that Coke is something different compared to other soft drinks. In fact related literature states that Coke has already attained the monopoly status. If we assume the research is correct and coke is a monopolist, then a) Do you think that coke actively engages itself in price discrimination? B) If so, what type of price discrimination they are engaged in? Discuss your answer with a relevant diagram.
The question belongs to Economics, Micro-economics and it discusses the problem about Coke being a monopolist and does it engage in price discrimination and the type of price discrimination that coke is engaged in the solution.
Total Word Count 165