Business, 11.05.2021 17:20 mimithurmond03

Consider the markets for tap water, bottled water, cola, and beer. Assume there is only one provider of tap water, bottled water manufacturers use advertising to differentiate their products, cola producers engage in strategic pricing behavior, and the beer market is largely controlled by only a few firms. Classify the market for each of the following drinks as either monopoly, oligopoly, monopolistic competition, or perfect competition. a. Tap water
b. Bottled water
c. Cola
d. Beer

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Consider the markets for tap water, bottled water, cola, and beer. Assume there is only one provider...