Question 1 We're leaving the competition behind!Cuppy's Coffee Drive Thru Cafe is the only coffee outlet serving hand roasted, hand blended coffee to customers in less than 1 minute. Taste the difference.How does Cuppy's differentiate its coffee from Starbucks? What does the advertisement tell you about the market structure?Do you expect Cuppy's Coffee to have excess capacity and make an economic profit in the long run?Cuppy's differentiates its coffee from Starbucks byThe market structure in which Cuppy's competes isO A. selling coffee at a lower price; perfect competitionO B. selling coffee at a lower price; an oligopolyOC. serving hand roasted, hand blended coffee; a monopoly in the long runO D. serving hand roasted, hand blended coffee; monopolistic competitionIn long-run equilibrium, Cuppy's Coffeehave excess capacity andO A. does; makes zero economic profitO B. does not; makes an economic profitO C. does; makes an economic profitO D. does not; incurs an economic lossesc#&123678QWERtabYraps lockАSFGHZVB |Ncontroloptioncommand

The market is a location where the transaction of services and commodities takes place. It is…

We're leaving the competition behind! Cuppy's Coffee Drive Thru Cafe is the only coffee outlet serving hand roasted, hand blended coffee to customers in less than 1 minute. Taste the difference. How does Cuppy's differentiate its coffee from Starbucks? What does the advertisement tell you about the market structure? Do you expect Cuppy's Coffee to have excess capacity and make an economic profit in the long run?