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.
Answer:
Marcus Aurelius
Explanation:
This is known historical fact
Answer:
Fundamental Attribution Error
Explanation:
While eating at a café, Janet sees a server's serving tray tilt, and the food and beverages spill onto four people. "What a careless, clumsy idiot," Janet mumbles to herself as she resumes eating. Janet has just committed <u>Fundamental Attribution Error</u>.
Answer:
The manpower plan in order to upgrade our country as a developed country includes the following: Skilled and educated workforce as per the need of the industries. Health benefits and prevention from diseases which can hamper the growth.
At age 7, Jenny's thinking became less intuitive and egocentric and more logical. jenny's cognitive ability reflects c<span>oncrete operational thought.
</span> These thoughts appear in the concrete operational stage of <span> Piaget's theory of cognitive development</span><span>, which occurs between the ages of 7 and 11.
</span><span>At this stage children gain the abilities of conservation (number, area, volume, orientation) and reversibility.</span>
