Question

Only one thing can cause movement along a product’s demand curve, that is, cause a change in quantity demanded for that product and that’s a change in that product’s price. On the other hand, there are five key variables that can cause a product’s demand curve to shift to the left or right, that is, lead to a change in demand. Coca-Cola is experiencing shifts in the U.S. demand curve for its famous cola soft drink, as the huge post-World War II “Baby Boom” generation has aged beyond their prime soft drink consumption years, and as the smaller generations behind the Baby Boomers have been buying relatively more energy drinks, water, juice, and tea, and relatively less soda than previous generations. What two key variables are affecting demand for Coca-Cola in the U.S., and in which direction are these variables shifting the demand curve for Coke?

Answer 1

Arswer Given according to collect the data let us assume that the data as followed → it is the two variables of showed by the above referta content are the changes should be age structure to masses uld and change in taste it is change age can structure be impact elderly folks consume the len number of soft drink and usa masses in aging it is development should request bend lefwards. it is new like manner the young masses preference for comparision to prior age, it is prosperity Cognizant and along in this spend more on Ceffeinated drink, water, hea . and so on. this again moves demand leftward since les is mentioned now at the same expense THE END