for a while, southern brewers is the only coffee supplier in the market. eventually, albert coffee enters…

for a while, southern brewers is the only coffee supplier in the market. eventually, albert coffee enters the market and charges higher prices than southern brewers does. later, café brites enters the same market with lower prices for coffee. southern brewers then charges lower prices than albert coffee and café brites do. what made southern brewers lower its prices?\n\na. competition\n\nb. decrease in supply of raw materials\n\nc. government policies\n\nd. high demand from consumers

for a while, southern brewers is the only coffee supplier in the market. eventually, albert coffee enters the market and charges higher prices than southern brewers does. later, café brites enters the same market with lower prices for coffee. southern brewers then charges lower prices than albert coffee and café brites do. what made southern brewers lower its prices?\n\na. competition\n\nb. decrease in supply of raw materials\n\nc. government policies\n\nd. high demand from consumers

Answer

Brief Explanations:

Southern Brewers was initially the sole supplier. As Albert Coffee and Café Brites entered with lower - priced coffee, Southern Brewers faced competition, which led to its price reduction. There is no mention of raw material supply changes, government policies, or high consumer demand in the scenario.

Answer:

A. competition