reflect on a specific product for which a company follows this strategy successfully.

Remember: The elasticity of a product, whether in the supply or demand sector, is determined by how sensitive the product is to a change in price. Based on the above, choose a product from the market and answer the following: coca cola is the product

1. How, the company coca cola, the company manages to modify prices based on their different levels of elasticity through different moments or time of existence of the product?

2. a description of the product coca cola.

3. Define the concept of "price elasticity" of product demand.

*It is talking about a product in which a company imposes different prices on products based on different levels of elasticity*