Question: 1. In what ways does the soft drink industry demonstrate the characteristics of Oligopoly? 2. Did the soft drink industry begin as an Oligopoly or

1. In what ways does the soft drink industry demonstrate the characteristics of Oligopoly?

2. Did the soft drink industry begin as an Oligopoly or another market structure? Explain your answer.

3. What are the main competitors for Coke and Pepsi? Consider substitute products outside of carbonated soda.

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