econ

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  • Starbucks is having a meeting to discuss their problem of raising the price of their new coffee.
  • But we have people young and old buying so much!
  • Okay...Hey Jerry...
  • The increased price on our new coffee, has made us decrease in supply. And that is not good for us.
  • Jim maybe you should call jerry and see what he says?
  • When the coffee was released it was a major hit at $4. Then, they made it $8 but still people wanted it
  • Starbucks was having bus loads or car loads of people heading to try their new drink. Even if it was expensive.
  • Hey Jim, yea raising the price is having a negative impact on our supply.
  • It was good for business, don't get it wrong. But with the factor of production, it wasn't practical.
  • WHAT! WHAT DO YOU MEAN YOU RAN OUT?!
  • Since the supply decreased and so many people kept going to buy the new drink, they ran out and people were furious
  • SORRY GUYS WERE ALL OUT!
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