Coca-Cola vs Pepsi

In the carbonated soft drinks, when we narrow down to the cola market, there are two well-known existing in the market, which are Coca-Cola and Pepsi Cola. Coke and Pepsi are selling cola drinks with similar taste and price, therefore they are perfect substitutes. Both the companies have been competing strongly against each other for … More Coca-Cola vs Pepsi

Coupon Discount : Why Firms Are Using Coupons?

A firm’s strategy : Price-discrimination Coupons are a very effective way to apply price discrimination, especially for the market that has a very elastic demand. Customers who are very responsive to the price changes are likely to take an effort to get coupons for lowering the price. By offering coupons, a producer can charge a … More Coupon Discount : Why Firms Are Using Coupons?