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Question
which scenarios can be considered effects of sole sister shoe store choosing to sell dress shoes over sneakers? select two answers. high school athletes stop shopping there. the inventory of sports socks goes unsold. sneaker sales were declining before the decision to sell dress shoes. dress shoes cost less for the store to buy from a supplier.
Brief Explanations
- High school athletes, a target group for sneakers, will stop shopping at the store if it no longer sells sneakers, as their needs are unmet. This is a direct effect of the product shift.
- Sports socks are a complementary good to sneakers. If the store stops selling sneakers, existing sports sock inventory will likely go unsold since there is no corresponding product to drive demand for them.
- Declining sneaker sales is a cause of the decision to switch to dress shoes, not an effect.
- The cost of dress shoes from suppliers is a factor in the decision, not an outcome/effect of choosing to sell them over sneakers.
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A. High school athletes stop shopping there.
B. The inventory of sports socks goes unsold.