One Reason Why the Coffeehouse Market Is Competitive Is That

question 137

Multiple Choice

One reason why the coffeehouse market is competitive is that

• A) demand for specialty coffee is very high.
• B) it is trendy and therefore is likely to have a customer following.
• C) barriers to entry are low.
• D) consumption takes place in public.

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Definitions:

Stimulants

Substances that increase activity in the brain and body, resulting in increased alertness, attention, and energy.

Central-Nervous-System Activity

Refers to the processes and actions coordinated by the brain and spinal cord that include sensory information processing and triggering muscle movements.

Binge-Drinking Episode

The consumption of an excessive amount of alcohol in a short period, typically leading to significant impairment.

Consciousness

The state of being aware of and able to think about one's surroundings, thoughts, and feelings.