John Diaz Immigrated to Tallahassee from Cuba in the 1980s

question 10

Multiple Choice

John Diaz immigrated to Tallahassee from Cuba in the 1980s.He set up a coffee shop called Diaz in a small upper-middle-class neighbourhood.It rapidly became popular because of the wonderful coffee it brewed.Soon Diaz was selling the finest coffees from around the world,plus coffee-making necessities such as grinders and brewers.Within 10 years,Diaz was operating a lucrative mail-order business in addition to his coffee shop.
Upon entering the shop,the first thing the customer sees is a countertop crowded with all of the machinery needed for making a perfect cup of coffee.Marble-topped tables are set in cozy nooks with overstuffed chairs.Bookshelves on one wall hold books about coffee for patrons to read while they sip.The smell is intoxicating to a real coffee lover.Coffee drinkers can take home a pound when they leave.The store carries all types of coffee from $300 per pound Kopi Luwak from Sumatra to Brazilian Cerrado for $8 a pound.
-Refer to Diaz.Which of the following would NOT be a typical method of classifying Diaz's coffee shop?

• A)service
• B)product assortment
• C)price
• D)level of profit

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Definitions:

Fluctuation

Variations or changes in value or level, often used in the context of financial markets or economic indicators.

Interest Rates

The cost of borrowing money or the return on savings, typically expressed as a percentage.

Trade Surpluses

An economic condition that occurs when a country's exports exceed its imports over a certain period of time, indicating a positive balance of trade.

Inflation Rates

The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.