One Reason Starbucks Experienced a Decline in Sales in the Late

question 16

Multiple Choice

One reason Starbucks experienced a decline in sales in the late 2000s is because

• A) the product they offered was becoming less differentiated from their competitors' products.
• B) the coffeehouse market transitioned from being monopolistically competitive to perfectly competitive.
• C) barriers to entry became more restrictive in the coffeehouse market.
• D) the number of competitors in the market declined dramatically.