Coca-Cola and PepsiCo compete against each other not only in the U.S.,but also all across Europe,Asia,and Africa.Coca-Cola and PepsiCo are
A)a monopoly.
B)engaged in cooperation.
C)a cartel.
D)engaged in multipoint competition.
E)an oligopsony.

Question

Quizplus · Accepted Answer

Coca-Cola and PepsiCo are engaged in multipoint competition, meaning they compete against each other in multiple markets around the world. This is because both companies have a global presence and offer similar products, making them direct competitors.

Coca-Cola and PepsiCo Compete Against Each Other Not Only in the U.S.,but