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Author Question: In 2003, the UGG brand of boot took off due to its popularity among celebrities. During the 2006 and ... (Read 46 times)

tth

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on: Sep 11, 2018
In 2003, the UGG brand of boot took off due to its popularity among celebrities. During the 2006 and 2007 holiday seasons, it was very difficult for a consumer to find and purchase a pair of UGG boots, which lead to an online bidding war on EBay. This scenario is an example of:
 
  a. Market equilibrium c. Markdown
  b. Scarcity d. Purchasing power

Question 2

Name the four specific subsectors of clothing stores:
 
  What will be an ideal response?


chjcharjto14

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Reply #1 on: Sep 11, 2018
Answer to Question 1

b

Answer to Question 2

There are four specific subsectors of clothing stores, women's, men's, children's, and family
stores.


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