A columnist in the Wall Street Journal offers the following opinion of Starbucks: Starbucks is in some
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A columnist in the Wall Street Journal offers the following opinion of Starbucks: “Starbucks is in some ways the victim of its success, having attracted increasingly aggressive competitors into what is now a fairly crowded market.” Do all firms that are currently earning an economic profit eventually become “victims of their own success”? Briefly explain.
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