Question
The process of removing caffeine from coffee beans (i.e., producing decaf coffee) is costly. Why is the price of decaffeinated coffee generally the same as
The process of removing caffeine from coffee beans (i.e., producing decaf coffee) is costly. Why is the price of decaffeinated coffee generally the same as caffeinated coffee?
Your response should apply economic principles (e.g., comparative advantage,opportunity cost, cost-benefit principle) to answering one of the above questions.
Your answer does not need to be correct in that it fully explains the question.
Instead focus on creating an intelligent hypothesis that could potentially be testedand refined. Also avoid using technical jargon for the sake of being technical. Yourresponse should be able to be read and understood by an intelligent individual withno training in economics.
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