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.
The areas of the globe that Portugal claimed as a result of The Age of Exploration were Brazil, Africa and India.
Answer:
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Explanation:
Answer:
The cultures people create.
Explanation:
The answer is "operant conditoning".
Operant conditioning is a technique for discovering that happens through prizes and disciplines for conduct. Through operant conditioning , an individual makes a relationship between a specific conduct and an outcome.
Operant conditioning depends on a genuinely basic preface - activities that are trailed by fortification will be reinforced and more inclined to happen again later on. In the event that you recount an entertaining story in class and everyone snickers, you will presumably probably recount that story again later on.