Question 190 of 190 FINAL - Social Studies In recent years, the top two manufacturers of soft drinks, Coca-Cola and PepsiCo, each sought to purchase the number three and four soft drink producers, Dr. Pepper and Seven-Up. However, the Federal Trade Commission prevented the takeover. Why do you think the FTC refused the companies' attempts? The takeovers would... A. create a monopoly, concentrating merchandising power in the hands of a single company B. drive the prices up, forcing consumers to buy fewer soft drinks C. interfere with free competition in the soft drink industry among its four largest manufacturers D. reduce the quality and variety of the product offered E. force the other smaller, independent bottlers to merge with one of the two giants

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Comparative Advantage and Absolute Advantage Analysis

The theory of absolute advantage was given by Adam Smith in the year 1776.