Economic resources such as less expensive labor and raw materials became available in the 1950's in areas other than the New York garment district at a time when women's tastes were shifting from tailored clothing to sportswear separates. The result was a decrease in jobs and manufacturing of fashion in New York City.
a. True
b. False
Question 2
Operating expenses encompass all but which of the following?
a. Salaries c. Advertising costs
b. Rent d. Merchandise costs