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Ksivusya [100]
3 years ago
13

a clothing firm knows that the demand for its swimsuits is inelastic at the present price what action should it take to resolve

a surplus at the end of the summer?
Business
1 answer:
Elanso [62]3 years ago
4 0

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.

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The value of a product is determined by the ratio of its quality to its price. The higher the value of a product, the better will be its competitive position. ... The value of a product is determined by the ratio of its quality to its price. The higher the value of a product, the better will be its competitive position.

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#SPJ5

For further detail visit

<u>brainly.com/question/15875620</u>

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