One reason Starbucks experienced a decline in sales in the late 2000s is because
A) the product they offered was becoming less differentiated from their competitors' products.
B) the coffeehouse market transitioned from being monopolistically competitive to perfectly competitive.
C) barriers to entry became more restrictive in the coffeehouse market.
D) the number of competitors in the market declined dramatically.

Question

Quizplus · Accepted Answer

Starbucks faced greater competition in the late 2000s, making their product less differentiated from their competitors. This likely played a role in their decline in sales during that time period.

One Reason Starbucks Experienced a Decline in Sales in the Late