To resolve a surplus in inventory, usually a company would lower the price to increase demand. In this case, I would imagine the swimsuit firm would offer an end of the season sale to clear out leftover inventory.
The demand curve that a monopolist faces is a a. a downward-sloping demand curve.
<h3>What is the demand curve of a monopolist like?</h3>
Monopolists are known to face a downward-sloping demand curve for the simple reason that demand in their goods will increase if prices decrease.
It is for this reason that monopolists will often have to reduce their prices if they hope to sell more units. It is also why the marginal revenue is below the price.
Find out more on the demand curve at brainly.com/question/19166452
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Answer:
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Answer:
The correct answer is letter "E": 80.
Explanation:
According to the U.S. Bureau of Labor Statistics (<em>BLS</em>) by the end of the second quarter in 2019 over 107 million workers -around 80% of the total American labor force- were engaged in the private service industry. The most important sectors related were <em>transportation, utilities, education, health care, professional, </em>and <em>business services</em>.