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At one of its factories, a jeans manufacturer makes two styles:

Which of the following is a question related to the given information?

A) How many factories does the jeans manufacturer have?
B) What are the two styles of jeans produced at the factory?
C) What is the total production capacity of the factory?
D) Who is the CEO of the jeans manufacturing company?

1 Answer

3 votes

Final answer:

The related question is 'What are the two styles of jeans produced at the factory?' and involves business decisions about product variety, production, output, pricing, and labor within the context of market structures and conditions.

Step-by-step explanation:

The question related to the given information is 'B) What are the two styles of jeans produced at the factory?' This is relevant to the initial statement about the jeans manufacturer making two styles at one of its factories. When assessing what product or products a firm should produce, a company must consider various factors including production and cost conditions, market structure, market power, product distinctiveness, and barriers to entry for new firms. Additionally, the firm must decide on the production process, output levels, optimal pricing for products, and the amount of labor to employ to meet its production goals while maintaining profitability and competitive edge.

These strategic decisions are influenced by the complexities of market demands and the need for efficiency. In the competitive world of garment manufacturing, for example, companies often face pressure to produce efficiently and affordably, sometimes resulting in outsourcing and concerns about labor conditions, as seen in various global apparel company practices.

User Oliver Holmberg
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