Predict how the price of athletic shorts would change if schools banned their use.

1 answer:

6 0

I specifically find that the banning of athletic shorts would decrease the demand for athletic shorts.Thus. overall monthly and yearly sales will decline. The decrease in demand for athletic shorts will affect economic growth, sales and gross domestic product (gdp).

You might be interested in

It is important to use real rather than nominal gdp figures when making comparisons of output across time periods because the re

melamori03 [73]

Answer: TRUE

Explanation: Gross Domestic Product ( GDP) can be described as the market value of all goods and services produced in a country within a particular time period which is usually a year.

The equation for finding GDP is given as -

GDP = Consumption + Investment + Government Spending + ( Exports - Imports)

Nominal GDP can be described as the market value of all goods and services produced in a country within a particular time period using current market prices.

Real GDP can be described as the market value of all goods and services produced in a country within a particular time period using base year prices. Using base year prices to calculate real GDP adjusts for inflation.

4 0

2 years ago

Name the social issues that you have chosen and motivate why you have chosen it

Finger [1]

Answer:

I would choose violent crime.

Explanation:

It motivates me to choose it since it can help to make most of the other issues easier to tackle since where there is violent crime, there is usually the other issues stated in the list.

I hope this helps :)

3 0

2 years ago

The nation of Winstone's economic system closely approximates pure capitalism. While Winstone's economy is likely to generate a

Shkiper50 [21]

It seems to be at least that the answer should be true !

4 0

3 years ago

In the classical approaches to management, proponents of the __________ approach argued that managers should stress primarily em

bogdanovich [222]

It should be noted that In the classical approaches to management, proponents of the Human Relations approach argued that managers should stress primarily employee welfare, motivation, and communication.

<h3>What is Human Relations management?</h3>

Human Relations management theory can be regarded as premise of organizational psychology which explains that an employer can employee productivity and motivation by positive social bonds.

Therefore, Human Relations support managers to be stressing primarily employee welfare and motivation.

Learn more about Human Relations at;

brainly.com/question/1657284

7 0

1 year ago

A firm has three different production facilities, all of which produce the same product.. While reviewing the firm's cost data,

Valentin [98]

Joshua is right because fixed costs are unavoidable but marginal costs are not.

Explanation:

Decision making plays an important role while considering the development of the organization. The officials in the company should act smartly in making decisions during crucial situation.

Marginal cost is the cost added to the total cost while producing additional units. Fixed cost is the cost of the product that does not change with the increase or decrease in the quantity of the products.

In the above scenario, Jasmine and Joshua were discussing about the cost of the products that are produced in their manufacturing plants. They were discussing about the marginal cost and fixed cost.

6 0

2 years ago