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6. Indicate the direction of Demand and/or Supply (not quantities or prices): whether they increase or decrease, in the following situations for Starbucks Coffee (conventional
6. Indicate the direction of Demand and/or Supply (not quantities or prices): whether they increase or decrease, in the following situations for Starbucks Coffee (conventional brand), and explain why. (worth '7 points) a. McDonald's introduces McCafe: Answer: b. Training baristas is becoming more expensive: Answer: c. The company can sell avored teas, which have a rising price: Answer: (1. Prices in this industry are expected to drop in the future: Answer: e. Local Median income rises: Answer: f. New quality pastries are added to the menu: Answer: g. A coffee tax is added to the producer
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