The price of a bottle of Coke remained constant for nearly 70 years, but the prices of

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The price of a bottle of Coke remained constant for nearly 70 years, but the prices of other types of goods can also be very sticky. Identify at least two products that have prices that change infrequently, and explain why the companies that produce those products might choose price stickiness as a strategy.
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Macroeconomics

ISBN: 9780132109994

1st Edition

Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty

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