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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 …

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 …
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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?

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User Sinisa
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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.
answered
User Nishan Dhungana
by
8.3k points
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