Question

A company manufacturing shirts for a discount department store decides to create a new style of cotton shirt. The company would most likely produce shirts that will

sell at a high price.
be less costly to create.
use a nonrenewable resource.
satisfy the wants and needs of consumers.

Answer 1

satisfy the wants and needs of consumers.

Reason: Firms design new styles to respond to consumer demand and preferences. They aren’t necessarily cheaper, more expensive, or using nonrenewable resources.