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0 pointsphilh8y ago0 comments

Do you claim that the current price of coffee beans is the price that happens to maximise Starbucks' profits? (This seems implausible to me, unless Starbucks has fairly strong control over the price of coffee beans.)

Or is your claim more narrow than that?

0 comments

kuschku8y ago

My claim is that the current price of coffee beans happens by coincidence to be close to the optimum for Starbucks’ profits, and any major change would be a disadvantage.

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0 pointsphilh8y ago0 comments

Or is your claim more narrow than that?

0 comments

kuschku8y ago

My claim is that the current price of coffee beans happens by coincidence to be close to the optimum for Starbucks’ profits, and any major change would be a disadvantage.

j / k navigate · click thread line to collapse