Imagine you own a coffee shop in a busy downtown area. You are considering offering free WiFi to attract more customers. Analyse the potential economic impacts of this decision on your coffee shop's demand. Use a relevant diagram to illustrate the impact of your decision on the Coffee shop's sales and prices
Imagine you own a coffee shop in a busy downtown area. You are considering offering free WiFi to attract more customers. Analyse the potential economic impacts of this decision on your coffee shop's demand. Use a relevant diagram to illustrate the impact of your decision on the Coffee shop's sales and prices
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Imagine you own a coffee shop in a busy downtown area. You are
considering offering free WiFi to attract more customers. Analyse the
potential economic impacts of this decision on your coffee shop's demand.
Use a relevant diagram to illustrate the impact of your decision on the
Coffee shop's sales and prices
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