You are the only clothes producer in the industry. You can choose a price that _____.

reduces your revenue

maximizes your profits

lowers your costs

Verified Answer :

So, if you are the only such producer, it means that you don't have to fear a competition! this means that if people want to have clothes, they will have to buy with you, no matter what prize you set. Because of this, you can decide to set your prizes very high so that you can Maximize your profit!

Answer:

maximizes your profits

Explanation: