Answer:
Fashion industry is very dynamic. The reason for low sales is due to change is customer preference for certain type of clothing.
Explanation:
As a brand manager, we need to understand markets trends and then analyse sales. The main reason for constant low sales is mainly due to change in fashion sense of customer. There can be some seasonal effect which cause decline in sales. Normally gents wear t.shirts and formal shirts because they are office going people. They will require formal suiting which will make them feel gentlemen and decent clothing. They will require consistent quality products and if there is any issue with the cloth stuff, they will move to another brand.
I’m 13 but I know some stuff, you should always have a plan for the future and know what business you want to start. Another big thing is to have a friend that has the same business so you can learn from them. You should be social and have contacts.
Answer:
C.
Explanation:
During the 2008 election period the United States was going through a period of stagflation and the Presidential candidates were proposing various tax cuts and tax relief measures to stimulate the economy. This period of stagnation, which is a period of very little economic growth and yet a very high unemployment rate, it was mostly caused by the stock market crash during that year.
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Burn it! (Lol IDK if this question was serious)
Answer:
Average total cost= $46
Marginal revenue= $33
Explanation:
In this instance the monopolist's total cost is the revenue from sale of one unit less the economic profits per unit
Economic profit per unit= 2,700/900
Economic profit per unit= $3
Average total cost= (Price per unit) - (Economic profit per unit)
Average total cost= 49 - 3= $46
For this instance marginal revenue is equal to marginal cost.
Marginal revenue= Marginal cost= $39
