Register
Kavan runs a small shoe company. He recently invested in a large supply of purple clogs, which he sells for $80 a pair. One night, a popular comedy show makes fun of people who wear purple clogs. How will
200k views
5 votes
Kavan runs a small shoe company. He recently invested in a large supply of purple clogs, which he sells for $80 a pair. One night, a popular comedy show makes fun of people who wear purple clogs. How will this affect Kavan's clog sales?

User Sinisa
by
7.5k points

1 Answer

5 votes
I'm not 100% sure but my best guess is Demand for the clogs will increase, and market price will increase.
User Nishan Dhungana
by
8.3k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
Link Copied!