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Daniel [21]
3 years ago
14

Who controls the supply for coffe shops and beses on what factors

Business
1 answer:
Assoli18 [71]3 years ago
7 0

<u>Explanation:</u>

The market price has control over the supply of the coffee shops. There are various factors which control the market prices they can be input prices, cost of production and technology used in production. Coffee is an agricultural commodity and it is one of the largest selling commodity all over the world.

Coffee has become an essential goods over the years so the demand for coffee is always constant and the consumption also increases annually. It takes 4 to 5 years to harvest a coffee bean. With latest technology the storage facility is improved. When the price decreases the demand increases which also increases the supply. So any hitch in these factors might affect the supply of coffee to coffee shops.

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