Business
Business, 26.07.2019 21:30, jessiejohnsonjr123

Starbucks just hired you to determine whether your city could support a new starbucks coffee shop. there are currently two starbucks coffee shops in the city, and each has just enough customers to survive. the average household income in the city is expected to increase by 20 percent per year for the next 20 years. suppose the income elasticity for starbucks coffee products is 1.25 and the population is assumed to be constant.

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