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Coca-Cola Q3 2014 Sales and Pricing Analysis

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Coca-Cola sold 2% more soda in North America in Q3 2014 compared to the previous year, while also earning more revenue. The information does not specify if soda prices increased or decreased during this period. The demand for Coca-Cola products appears price inelastic, as a small increase in quantity sold was accompanied by higher total revenue.

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3. According to a company news release, during the third quarter of 2014, the Coca-Cola Company sold 2 percent more of soda in North America while earning more revenue. ( 2 points) A) Did Coca- Cola Company increase or decrease its soda prices during this period? Briefly explain. B) Based on this information, is the demand for Coca-Cola Company price elastic or price inelastic? Briefly explain.

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social pharmacy d-pharm 1st year by Pragati K. Mahajansocial pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajan
 

Coca-Cola Q3 2014 Sales and Pricing Analysis

  • 1. 3. According to a company news release, during the third quarter of 2014, the Coca-Cola Company sold 2 percent more of soda in North America while earning more revenue. ( 2 points) A) Did Coca- Cola Company increase or decrease its soda prices during this period? Briefly explain. B) Based on this information, is the demand for Coca-Cola Company price elastic or price inelastic? Briefly explain.