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which scenarios can be considered effects of sole sister shoe store cho…

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.

Explanation:

Brief Explanations
  • High school athletes, a target group for sneakers, will stop shopping at the store if it no longer sells sneakers, which is a direct effect of the switch.
  • Sports socks are complementary goods to sneakers; without sneakers for sale, the socks will likely go unsold, another direct effect.
  • The other options are either a pre-existing condition (declining sneaker sales) or a supply-side factor unrelated to the effect of stopping sneaker sales (lower cost of dress shoes).

Answer:

A. High school athletes stop shopping there.
B. The inventory of sports socks goes unsold.