Running head: Products, Services, and Prices in the Free Market Economy Products, Services, and Prices in the Free Market Economy Starbucks Corporation is a dominant multinational coffeehouse chain based in the United States. Starbucks serves drip brewed coffee, espresso-based hot drinks, snacks and other hot and cold drinks. Coffee has had a history dating to the 1400s starting in Ethiopia. Economics considers Starbucks coffee as an elastic product, but there will always be a demand for coffee. Citing higher costs for milk and other commodities, along with higher rent and health-insurance expenses, the Seattle Company plans to charge more across its beverage menu board. Many stories have been told about coffee and where it came from, but most people do not know that the coffee plant originated in Ethiopia. The effects of coffee were noticed but not by drinking it by ingesting it. The Galla tribe found that they had a boost of energy during raiding parties when they ingested the coffee bean wrapped in ......

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