Recall the Application About the New Vending Machine Developed by Coca

question 111

Multiple Choice

Recall the Application about the new vending machine developed by Coca -Cola that charges a higher price for soft drinks when the weather is hot to answer the following question(s) .
-Recall the Application. The use of the new vending machines would NOT result in higher profits for the Coca-Cola vendors if:

• A)the amount that individuals are willing to pay for a cold soda does not change with the weather.
• B)the price charged for soda during hot days is not much higher than the price charged during cold days.
• C)the number of bottles sold during hot days are higher than when the temperature is cooler.
• D)the number of warm days in a year is less than the number of cold days in the year.

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