Peet's Coffee and Teas Produces Some Flavourful Varieties of Peet's

question 131

Multiple Choice

Peet's Coffee and Teas produces some flavourful varieties of Peet's brand coffee.Is Peet's a monopoly?

• A)Yes, there are no substitutes to Peet's coffee.
• B)No, although Peet's coffee is a unique product, there are many different brands of coffee that are very close substitutes.
• C)Yes, Peet's is the only supplier of Peet's coffee in a market where there are high barriers to entry.
• D)No, Peet's is not a monopoly because there are many branches of Peet's.

---

Definitions:

Refractory Period

A phase following an action potential in neurons where a cell is unable to fire another action potential, or the time after an organism's ejaculation during which it cannot achieve another orgasm.

Sexual Prejudice

Negative attitudes, beliefs, or actions directed towards individuals based on their sexual orientation or gender identity.

Refractory Period

A phase right after stimulation where a nerve or muscle cannot respond to additional stimulation.

Making Out

Engaging in an intense or passionate kissing session, often with the use of hands to touch the other person.