AnswersMO-EconomicsComparative and Absolute Advantage

Case Study: Starting a Business Answers

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Based on the survey data, what can be concluded about the market for coffee shops in the area?

Answers:
will require a less costly investment in labor.:The Shoe Hut
will require less capital in the long term.:The Shoe Hut
will probably require upgraded equipment and greater capital over the next five years.:Star's Coffee and Teas
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Star’s Coffee and TeasThe Shoe Hut

A
Star’s Coffee and Teas
B
The Shoe Hut
3

The Shoe Hut Star’s Coffee and Teas

A
The Shoe Hut
B
Star’s Coffee and Teas

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