Floors in Pricing. A price floor is the lowest amount at which a good or service may be sold and still function within the traditional supply and demand model. Prices below the price floor do not result in an appropriate increase in demand.
Finally, MEGA MONEYâ¢ was introduced in 1998. In July 2008, the Lottery announced that it would join the Multi-state Lottery Association (MUSL) and launch POWERBALLÂ® in early January 2009. The instant-win game LUCKY LINESâ¢ launched in October 2010 and ended prior to the launch of MEGA MILLIONSÂ® in May 2013.
Powerade was first introduced in 1988 to compete with Gatorade in sports drink sales. During that same year, Powerade became the official sports drink of the Olympics.In July 2002, The Coca-Cola Company created new bottles for Powerade which had a sport-like grip.owerade Option was introduced in the same year to compete with Pepsicoâs Propel. Option was colorless and advertised as being a âlow calorie sports drink.â It went on to take 36% of sales in the Fitness Water category (behind Propelâs 42%). A new version of Powerade, called Powerade Zero, was released in 2008.