Question
ion 4 (10 marks) The prices for fashion that fit the casualization and athleisure wear trend have increased the most. That includes men's hoodies, sweaters,
ion 4 (10 marks) "The prices for fashion that fit the casualization and athleisure wear trend have increased the most. That includes men's hoodies, sweaters, sweatshirts, sweatpants and t-shirts and for women, loungewear like cardigans, sweaters and sweatpants cost more". With the aid of a diagram, explain what would happen to quantity demanded for casualization and athleisure wear because of a change in price Question 5 (4 marks) What factors would you expect to affect the price elasticity of demand for new casualization and athleisure wear trend?
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