📊 GMAT Exam Prep

Despite a significant increase in the price of raw coffee beans over the last year, the average retail price of a cup of coffee at major café chains has remained relatively stable. Which of the following, if true, best explains this discrepancy?

A Consumers are generally unwilling to pay significantly more for a cup of coffee.
B Major café chains have found ways to reduce other operating costs, such as labor and rent.
C The quality of coffee beans used by major café chains has decreased slightly.
D The demand for specialty coffee beverages has increased, leading to higher profit margins on those items.

✓ Correct Answer: Option B

To keep retail prices stable despite rising input costs (beans), the chains must have offset those costs elsewhere. Reducing other operating expenses (labor, rent) directly explains how they maintained price stability.

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