People inside airports are willing to pay higher prices for coffee because of the lack of alternate options and .

better quality

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superior service

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convenience

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packaging

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Solution

The correct option is C convenience
Due to the convenience and the lack of alternate options, people are willing to buy coffee at higher prices in airports.

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Similar questions

Why are people willing to pay excessive prices for coffee inside airports? (select all applicable reasons)

If price drops and people are not willing to pay increased prices despite having more money, this leads to inflation.

'When there are few suppliers for a product, prices would be set higher because buyers have limited options'. State true or false

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