Why Did Coca Cola Change the Name of Diet Coke

question 56

Multiple Choice

Why did Coca Cola change the name of Diet Coke to Coke Light in many countries?

• A) There was no global character for the word Diet.
• B) Diet is a dirty word in other countries.
• C) To match what beer manufacturers were doing.
• D) To focus on helping people feel and look their best.

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Definitions:

Total Surplus

The sum of consumer surplus and producer surplus, representing the total benefit to society from the production and consumption of goods or services.

Inferior Good

A type of good for which demand decreases as the income of the consumer increases, opposite to a normal good.

Total Surplus

The sum of consumer surplus and producer surplus in a market, representing the total net benefit to society from the production and consumption of goods and services.

Equilibrium

A state in which market supply and demand balance each other, resulting in stable prices and quantities.