Which of the following considerations might guide your decision regarding whether to copy Starbucks or sell coffee in a completely different way? Differentiation with respect to style and quality is impossible in a market this saturated—consumers will not be able to discern a significant difference between your coffee and your competitors' coffee. Regardless of whether you try to replicate Starbucks' style, it is necessary to differentiate with respect to quality and location. Differentiation with respect to quality is necessary to gain market power, but the additional cost of doing so in the premium coffee market will exceed

The typical consumer's food basket in the base year 2015 is as follows: 30 chickens at $4 each 10 hams at $5 each 10 steaks at $8 each a chicken feed shortage causes the price of chickens to rise to $5.00 each in the year 2016. hams rise to $7.00 each, and the price of steaks is unchanged. a. calculate the change in the "cost-of-eating" index between 2015 and 2016. year cost of the basket 2015 $ 2016 $ instructions: enter your responses rounded to one decimal place. the official cost-of-eating index has by %. b. suppose that consumers are completely indifferent between two chickens and one ham. for this example, how large is the substitution bias in the official "cost-of-eating" index? the in the cost-of-eating index is %. the of inflation in the cost of eating reflects substitution bias.

Ashare stock is a small piece of ownership in a company ture or false

Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.