Publisher's Synopsis
Excerpt from Price Control in the Coffee Industry
Differences in demand for individual brands of coffee, based on actual coffee quality, blend taste, type of container and variance on these induced by intensive advertising result in an elaborate structure of price differentials in the coffee industry, No information has been collected showing whether or not the differentials tend to fluctuate on the basis of averaging to fixed differences between grades, whether they tend to maintain fixed percentage relationships with each other or whether and in what way they change with changes in the price levels. Practically no factual information is available on which to base even moderately precise measurements of the way in which a price cut at one point in the price structure spreads through that structure. It cannot be said therefore to what extent a price cut exerts its influence on a single quality level and to what extent it tends to Spread through the whole price structure. Sound price analysis of the industry is obviously an extremely important base on which to build a regulatory system ih volving such concepts as destructive price cutting and meeting competition. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
