Answer:
A. Producers can figure out what consumers are willing to pay based
on what they buy.
Explanation:
For example, a fashion brand Zara introduces new line of female apparel for autumn and winter. In addition to well-selling items like pullovers and chino pants, this line includes closed ponchos. Though, closed ponchos became trendy in high fashion this season, <u>producer </u>can see that they do not perform well with their <u>consumers</u>. The poncho sales turned out to be very limited. For the next autumn and winter season, Zara conducts a focus group research and finds out that open ponchos are popular. Thus, Zara introduces a line of open ponchos that ultimately perform very well on market.
There are no official qualifications for becoming a Supreme Court justice<span>.</span>
Is there answer choices? If not, then here is my written response:
In peer groups, socialization can either be hard, or easy, depending on the person, and who they are around. In a family, it is the same. Different outcomes come from each, along with different ways and lessons people learn.
Answer:
Movement downward and to the left along a fixed supply curve.
Explanation:
According to the law of supply, there is a positive relationship between the price of the goods and the quantity supplied of goods. This indicates that the supply curve is upward sloping to the right. This means that as the price of the goods increases then as a result the quantity supplied of those goods also increases and as the price of the goods decreases then as a result the quantity supplied of those goods also decreases.
Hence, if there is a decrease in the quantity supplied then as a result there is a downward movement in the supply curve and to the left along the supply curve.
