1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gnesinka [82]
3 years ago
10

The Starfire Coffee chain was the only coffee-shop chain and meeting place in many American cities for more than 12 years. Peopl

e paid $5 for a mug of peppermint coffee and the experience of sitting in front of a roaring fire, chatting with friends. Twelve years after Starfire's appearance, a similar coffee-shop chain, Reindeer Brews, entered the marketplace. Reindeer charges $3 for a mug of hot cocoa and a similar community experience.
How would you characterize this scenario?

- Non-price competition in a monopolistic market
- Non-price competition in a purely competitive market
- Price competition in a monopolistically competitive market
- Price competition in a purely competitive market
Business
1 answer:
Kamila [148]3 years ago
5 0

Answer: In this particular case we can reason that this scenario represents <em><u>monopolistic-ally competitive market.</u></em>

Both coffee house  are offering a similar product and commodity, with only little differentiation in their design.

i.e. The Starfire Coffee chain provided consumer with peppermint coffee and the experience of sitting in front of a roaring fire, chatting with friends.

whereas Reindeer provided consumer with a mug of hot cocoa and a similar community experience.

You might be interested in
Mary ran into a store dedicated to the newest cat foods offered by her favorite pet food provider. she has so much fun interacti
maks197457 [2]

mary most likely found a pop-up store

8 0
3 years ago
Tiffany's Tea, an online tea retailer, adopted an organizational structure in which job titles are abandoned, traditional manage
denpristay [2]

Answer:

Holacracy

Explanation:

According to my research on different organizational structures, I can say that based on the information provided within the question the type of structure being used is called a Holacracy. Like mentioned in the question this is a method which focuses on self-organizing teams who each have authority within the company, while at the same time ditching traditional management hierarchy's. Which is exactly what Tiffany's Tea has implemented.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
2 years ago
Kitchen Convenience Company manufactures two products - toaster ovens and bread machines. The following data are available:
nekit [7.7K]

Answer:

Option (c) is correct.

Explanation:

Given that,

Bread Machines:

Sales price = $160

Variable costs = $70

Production capacity = 2,000 machine hours per month

Contribution margin =  Selling price - Variable cost

                                 = $160 - $70

                                 = $90

Contribution margin per machine hour for bread machines:

= Contribution margin × Unit per hour

= $90 × 4

= $360

7 0
3 years ago
How old do you have to be to get a job?
laiz [17]
You Have To Be 14 To Get Your Working Paper To LEGALLY Get A Job
Hope This Helps
5 0
3 years ago
Read 2 more answers
Suppose Ruston Company had the following cash flow results for 2019: Net Cash Flow from Operating Activities of $9,100,000 Net C
solmaris [256]

Answer:

Explanation:

Suppose Ruston Company had the following cash flow results for 2019: Net Cash Flow from Operating Activities of $9,100,000 Net Cash Flow from Investing Activities of -$4,300,000 Net Cash Flow from Financing Activities of $3,400,000 Create a statement of cash flows with amounts in thousands. What is the Net Cash Flow?

8 0
3 years ago
Other questions:
  • What basic economic question helps determine the career path of individuals?
    9·1 answer
  • Research results showed that experimental Drug R had a minimal-to-modest effect in reducing the symptoms of Generalized Anxiety
    13·1 answer
  • Not all employers provide group hospital and health insurance. <br> a. True<br> b. False
    11·2 answers
  • Alphabet Company, which uses the periodic inventory method, purchases different letters for resale. Alphabet had no beginning in
    10·1 answer
  • What's the present value of a 4-year ordinary annuity of $2,250 per year plus an additional $3,000 at the end of Year 4 if the i
    12·1 answer
  • Classify the source of market failure in each case listed.
    6·1 answer
  • Outsourcing is __________. ANSWER Unselected making a high-level, often strategic, decision regarding which products or services
    7·1 answer
  • Parks Corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. The
    9·1 answer
  • Nepal is secular country​
    13·1 answer
  • Which of the following is a true statement?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!