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.
Answer:
medium of exchange
Explanation:
utilizing the money to exchange for the product
Four qualities or skills of an eligible interviewer are:
<h3>Who is an eligible interviewer?</h3>
An eligible interviewer is a person that is responsible for recruiting good human resources to an organization.
The eligible interviewer should possess skills such as effective communication, organization, and time management.
Learn more about soft skills here:
brainly.com/question/8381292
Answer:
more than likely true
Explanation:
this is more likely to be true than false, given that we have so much waste that pours into different places. Take a look at what surrounds the Ganges River and if its possible for waste to get there.
Answer:
A-Come up with a basket of goods bought by a typical consumer.
D-Find out the prices of the different goods.
C-Calculate how much the basket costs in each period.
B-Convert the cost of a basket to an index number.
Explanation: A Consumer Price Index is basically used to measure changes in the price level of a weighted average market basket of consumer goods and services purchased by households. It is used to measure inflation. Four steps are required when measuring the Consumer price index of an household. They include ;
Coming up with a list of items or good basket purchased by a consumer. Once that has been done, the prices of the separate items and cost of items at different times or period then convert.
