CASE 1 - DEMAND ESTIMATION and ELASTICITY: Soft Drinks in the U.S. Demand can be estimated with experimental data‚ time-series data‚ or cross-section data. In this case‚ cross-section data appear in the Excel file. Soft drink consumption in cans per capita per year is related to six-pack price‚ income per capita‚ and mean temperature across the 48 contiguous states in the United States. QUESTIONS 1. Given the data‚ please construct (a) a multiple linear regression equation and (b) a log-linear
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high-energy drinks targeted at the youth market. Over the past 10 years‚ the consumption of caffeinated beverages intended to “energise” has increased significantly. Energy drinks were recently shown to comprise 20% of the total convenience store beverage market‚ with “Red Bull” and “V” accounting for over 97% of sales in this multimillion-dollar industry.1 Increasingly‚ toxicity from caffeine overdose is being reported to hospitals and poisons centres. The main active constituents of energy drinks include
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Electrolytes in Sports Drinks September 30‚ 2016 Electrolytes in Sports Drinks Drinks are full of many substances that make up the taste‚ color‚ and uses of the beverages. One very important part of a sports drink are electrolytes. An electrolyte is a liquid gel that contains ions and can be decomposed by electrolysis‚ it is present in a battery. This substance is in many of the everyday drinks we use. From the orange juice we drink in the morning to the many sports drinks we use when we exercise
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them. There are actually a number of different Sherry types that range from very dry with pale straw-like yellow‚ to sweet with a dark mahogany color. But what makes sherry unique? The main answear is combination between history of this significant drink and method of its producing. Sherry has very ancient history. It knows by the name of Sherry since 1635 but is made long ago before that. Sherry producing was started by the Phoenicians‚ and the practice was continued by the Romans. Then the Arabs
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Standage begins his book with a fimilar drink to just about everyone. Beer. Beer is thought to have been brewed near 6‚000 years ago by the Sumerians. During a mass nomadic time period and just after the end of the ice age‚ the Fertile Crescent became a gold mine for farming. In those times‚ the first crops grown in the Fertile Crescent region were wheat and barley. By accident‚ the prehistoric dwellers who collected wheat found that when wheat comes in contact with water it tastes sweet and becomes
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decided to drink something and went to the cafe. My cousin and I ordered lemonade‚ Shymi ordered coke and Ollie ordered some icetea. While we were drinking our drinks‚ we talked about our home countries. Shymi told that she like to feel warmth on her skinbut she can barely see the sun in Russia. And Harry said that he can barely see the sun either‚ because of the pouring rain. After a little more chit-chat‚ dinner time came and 4 of us went to the dining hall. We ate something‚ took our drinks and went
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1 Analysis of the U.S. soft drink industry‚ based on the competitive forces model of Michael Porter. In the soft drink industry the entry of new competitors depends on the barriers to entry that are present‚ and also the reaction from existing competitors that the entrant can expect. I will now analyze the six major sources of barriers to entry the soft drink industry. Economies of scale deter entry by forcing the entrant to come in at large scale and risk strong reaction from existing firms
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Are Probiotics Drinks a con? Probiotics are live bacteria that you ingest. The bacteria then pass into the digestive area and enter the intestine‚ where they promote health. Probiotics help to improve health by balancing the number of ‘good’ and ‘bad’ bacteria in the intestine. They’re the opposite of antibiotics—which kill bad bacteria. Probiotics are commonly used in treating stomach bugs‚ having shown the most impact on infants with diarrhoea. Probiotics have been shown to decrease the duration
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attributes (e.g.‚ try to avoid broad terms like ’quality ’)‚ selected on the basis of your depth interviews (attributes that are frequently mentioned by your respondents). Since there are two brands altogether (e.g.‚ two different brands of soft drinks)‚ you need (a) 10 items to measure bi (these items are brand specific); and (b) 5 items to measure ei (these items are not brand specific). Important: When choosing the main brand (that is‚ the brand you are consulting
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Competition in energy drinks‚ sports drinks and vitamin enhanced beverages Kyle Holloway Spring Hill College INTRODUCTION Alternative beverages such as sports drinks‚ energy drinks‚ and vitamin-enhanced beverages developed into an important competitor for the beverage industry and saw rapid growth in the mid-2000s. Alternative beverages compete on the basis of differentiation from each other in the market and traditional drinks‚ such as carbonated soft drinks and fruit juices. The largest
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