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