People increasingly wear their workout clothes outside the gym and athletic clothing sales in the United States

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People increasingly wear their workout clothes outside the gym and athletic clothing sales in the United States increased by 15 percent in 2015 and 12 percent in 2016. Amazon wants to get this $44 billion market, which is currently dominated by Nike and Under Armour.How will Amazon’s entry into the athletic clothing market influence Nike and Under Armour?

Illustrate your answer with a graph.

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Microeconomics

ISBN: 9780134744476

13th Edition

Authors: Michael Parkin

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