AnswersHSA 26-27 EconomicsCase Study: Starting a Business

Case Study: Starting a Business Answers

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1
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Star's Coffee and TeasThe Shoe Hut

A
Star's Coffee and Teas
B
The Shoe Hut
2
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Star’s Coffee and TeasThe Shoe Hut

A
Star’s Coffee and Teas
B
The Shoe Hut
3

The Shoe Hut Star’s Coffee and Teas

A
The Shoe Hut
B
Star’s Coffee and Teas
4

approximately 60% approximately 25%

A
approximately 60%
B
approximately 25%
5

The Shoe HutStar’s Coffee and Teas

A
The Shoe Hut
B
Star’s Coffee and Teas
6

More coffee shops are needed.Saturation has been reached.

A
More coffee shops are needed.
B
Saturation has been reached.
7

$1,500 $2,500$6,000

A
$1,500
B
$2,500
C
$6,000
8

The Shoe HutStar's Coffee and Teas

A
The Shoe Hut
B
Star's Coffee and Teas
9

approximately 75% approximately 25%

A
approximately 75%
B
approximately 25%
10

excess supplyexcess demand

A
excess supply
B
excess demand
11

shoe storescoffee shops

A
shoe stores
B
coffee shops
12

$2,500$10,000 $12,500

A
$2,500
B
$10,000
C
$12,500
13

The Shoe HutStar's Coffee and Teas

A
The Shoe Hut
B
Star's Coffee and Teas
14

The Shoe HutStar's Coffee and Teas

A
The Shoe Hut
B
Star's Coffee and Teas

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