Posts Tagged ‘easy entry’

  • Starbucks Reusable Plastic Cup

    Monopolistic Competition: Locating Starbucks

    Jul 26, 13 • 546 Views • Businesses, Demand, Supply, and Markets, Economic History, Economic Humor, Innovation, International Trade and Finance, Labor, Macroeconomic MeasurementNo Comments

    To understand why there can be a Starbucks on every block, we have to start with a can of Maxwell House Coffee. From a 3.1 cup-a-day peak in 1961, US coffee consumption slid downward through the 1980s. It makes sense. The coffee was terrible. Made with low