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You're an employee in the market research department of a coffee roasting company who is given the job of identifying the euro price of the
You're an employee in the market research department of a coffee roasting company who is given the job of identifying the euro price of the company's coffee in various markets and the associated market share. You discover that market share ranges between 0.20 and 0.55. Based on these findings you try to estimate the influence of price on market share using the regression indicated below. market share = 1.26 - 0.298 * price At what average price do you need to set your coffee to achieve market share of approximately 40%? O 2.89 O 0.12 O 1.14 1.34 Not enough information to answer the
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