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.
14.0%. According to our research of Illinois and other state lists there were 307 registered sex offenders living in Springfield, Illinois as of April 15, 2017. The ratio of number of residents in Springfield to the number of sex offenders is 382 to 1. Median real estate property taxes paid for housing units with mortgages in 2015: $2,834 (2.1%) Median real estate property taxes paid for housing units with no mortgage in 2015: $2,243 (2.0%)