Ask Question
BusinessBusiness
2 October, 20:53

Sales of an evening dress at a department store rose sharply after it was endorsed by a celebrity, but demand for the dress diminished soon afterwards. Which type of fashion life cycle is this?

a. classic

b. recursive cycle

c. fad

d. extended fad

+1
Answers (1)
  1. 3 October, 00:12
    0
    Answer: c. fad

    A fad can be described as a clearly identifiable demand for a style, activity or an interest which is extremely popular for a short-period of time.

    It is usually followed only by a group of people.

    The demand for this style, activity or interest is high for a very short period of time. During this period, the demand and sales of the product rises significantly.

    However, the interest in the product wears out after a short period of time and demand for the product diminishes considerably.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Sales of an evening dress at a department store rose sharply after it was endorsed by a celebrity, but demand for the dress diminished soon ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
For each of the following items, indicate by using the appropriate code letter, how the item should be reported in the statement of cash flows, using the direct method. a. Declaration and payment of a cash dividend. b.
Answers (1)
This product is so important to algeria and tunisia that it's arabic name translates to "food":
Answers (1)
Radical innovation often involves open-ended experimentation which can be very time consuming.
Answers (1)
Sodium restriction is difficult to implement on a long-term basis because
Answers (1)
Lawn RX, Inc. prepares a variable costing income statement for internal management and an absorption costing income statement for its bank. Lawn RX provides a quarterly lawn care service that is sold for $140.
Answers (1)
New Questions in Business
Walbin Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 20,000 units, 100% complete with respect to materials cost and 20% complete with
Answers (1)
The 7.5 percent preferred stock of Home Town Brews is selling for $43 a share. What is the firm's cost of preferred stock if the tax rate is 34 percent and the par value per share is $100?
Answers (1)
Which of the following statement is TRUE about variable expenses? Question 3 options: A. The amount you spend on variable expenses do not change during certain months and do change during other months. B.
Answers (1)
Disability income plans which require that the insurer can never change or alter premium rates are usually considered
Answers (1)
Dilution Solutions, Inc. repurchased 1,000 shares of its $1 par value common stock for $5,000. The journal entry to record this transaction includes a $5,000 to Treasury Stock.
Answers (1)
Home » Business » Sales of an evening dress at a department store rose sharply after it was endorsed by a celebrity, but demand for the dress diminished soon afterwards. Which type of fashion life cycle is this? a. classic b. recursive cycle c. fad d. extended fad
Sign Up Forgot Password?