Question

describe one variable costs for starbucks

Answer 1

Input - Materials used in production ie coffee beans. Starbucks have more spatially variable than fixed costs because location of the industry and the market plays a role in market efficiency.

Answer 2

thank you

Answer 3

Coffee beans are a good example because if there is a shortage the market is severely impacted

Answer 4

makes sense but i put cost of materials, costs of production, cost of labor

Answer 5

That works. Labor, land, capital are the 3 golden aspects to a running business, and the fourth is entrepreneurship, the thing that wraps it all up

Answer 6

In order to determine what"s variable or not, always break down the commodity chain and sector's of economy covered. If location is an issue, analyze Weber's triangle model. The only exception for this are footloose firms such as jewelry shops