One Reason Starbucks Experienced a Decline in Sales in the Late

Multiple Choice

One reason Starbucks experienced a decline in sales in the late 2000s is because

A) the product they offered was becoming less differentiated from their competitors' products.
B) the coffeehouse market transitioned from being monopolistically competitive to perfectly competitive.
C) barriers to entry became more restrictive in the coffeehouse market.
D) the number of competitors in the market declined dramatically.