You can choose a price that <u>maximizes your profits</u>.
<u>Explanation</u>:
If you are the only clothes producer in the industry, it is known as monopoly. Monopoly means a single seller selling a unique product without competition.
The monopoly seller has the right to choose the price for his goods. He can fix the price in the way to maximize his profit. As he is the sole seller, he will not have any competitions in the industry. This in turn helps him to make lot of profit on producing clothes with full freedom in fixing the price of the clothes.
Jainism and Hinduism are two ancient Indian religions. There are some similarities and differences between the two religions. Temples, gods, rituals, fasts and other religious components of Jainism are different from those of Hinduism. ... Followers of the path shown by the Jinas are called Jains.
Answer: C. collective bargaining
Explanation:
The union used collective bargaining by negotiating with its employer to determine its pay and raise the wage.
I hope this helps!
