The Soda industry is a perfect example of a Monopolistic Competition. This is because this is an industry that has differentiation in their products. Take Pepsi and Coke for instance they are similar but are distinguished as 2 different goods in the market. Also to go into the soda industry has very few barriers.
The ACS 1-year data shows the median family income for Springfield was $74,517 in 2015. Compared to the median Illinois family income, Springfield median family income is $633 higher. As with the median household income data, 2016 family income data for Springfield will be released in September of 2017.
United States. 1  Springfield, Arkansas. 2  Springfield, California. 3  Springfield, Colorado.  Springfield, Florida, a city in Bay 1  County. Springfield (Jacksonville), Florida, a neighborhood.  Springfield, 1  Georgia. Springfield, 2  Idaho. Springfield, Illinois, the state capital of Illinois Springfield metropolitan area, Illinois.