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.
False because of my queas
1. Typically you would have higher prices because if you don't have to compete with another person to sell more product you can have the price super high and as the only person selling you can sell for as much as you want
i seriously dont know what is this
People frequently harbor a variety of biases. Due to author bias, the writers of the two texts present the same event in different ways.
An author who is prejudiced is simply one who, in some manner, did not pay attention to all the facts, or evidence, or build a logical case to support his or her opinions.
In this context, bias is simply defined as when a point or remark demonstrates partiality or preference for a person, thing, etc. When you suspect a source may be prejudiced, when the author's viewpoint is strongly held or skewed, etc., you can usually tell.
Prejudice is a synonym for bias, which means that the arguments used to justify a position are frequently irrational. To assess an argument's worth and validity impartially, the reader must be able to identify any author's prejudice.
To learn more about author bias
brainly.com/question/24460194
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