Answer to Question #208729 in Microeconomics for Pooh

Question

https://www.washingtonpost.com/news/wonk/wp/2014/11/05/the-shaving-industry-is-in-a-rough-patch-even-before-no-shave-november/

Questions on Case Study 1 

1. Does this article discuss the demand or supply side of the market? Elaborate on the factor affecting demand/supply as mentioned in the above case study. (5 marks) 

2. Discuss strategies developed by some of the firms to attract more customers to their product. (5 marks) 

 

The case study is from the link above which I have pasted. Please and these questions by reading the case study through the link.

Answer 1

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