Business, 28.11.2019 06:31 Mistytrotter

One study found that the price elasticity of demand for soda is minus−0.78, while the price elasticity of demand for coca-cola is minus−1.22. source: kelly d. brownell and thomas r. frieden,"ounces of preventionlong dash—the public policy case for taxes on sugared beverages," new england journal of medicine, april 30, 2009, pp. 1805minus−1808. the price elasticity ofcoca-cola is (interpret the absolute value of theseelasticitiies, i. e., ignore the minus sign):

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