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.
<span>The psychologist would perform a descriptive study. This would be done because these types of studies are much more illustrative than experiments or correlational studies in showing how a behavior is expressed by a person or group while in a specific time or place setting.</span>
Answer:
Explanation:
One disadvantage is Lack of Divisibility.
True more americans goods were produced by the american tribe
