Which of the following factors can lead to an increase in demand for coffee at Starbucks?
A)An increase in household income
B)An increase in the price of sugar
C)An increase in the price of coffee beans
D)A 10 percent decline in local population

Question

Quizplus · Accepted Answer

An increase in household income would lead to consumers having more disposable income to spend on coffee, including at Starbucks. The other choices would likely decrease demand for coffee at Starbucks as they involve increased costs for consumers or a decrease in potential customers.

Which of the Following Factors Can Lead to an Increase