Crafting Success: Why Wally Should Sell His Custom Furniture at a Craft Fair
Why would it be in Wally's best interest to go to a craft fair and sell some of his custom furniture?
If the cost of making the furniture was less than the price that Wally believes he would be able to sell it for
The Correct Answer is A
If the cost of making the furniture was less than the price that Wally believes he would be able to sell it for.
Wally has a hobby of making custom furniture and receives many compliments on his creations. It would be in Wally's best interest to go to a craft fair and sell some of his custom furniture if the cost of making the furniture is less than the price he believes he would be able to sell it for.
As Wally is an artisan who creates furniture one piece at a time in his workshop, the cost of production may be higher compared to mass-produced furniture. However, if he can sell his furniture for a price that covers the cost of materials and labor while still being competitive in the market, participating in a craft fair can be a great opportunity to showcase his work and generate income.
By selling his custom furniture at a craft fair, Wally can reach a larger audience of potential customers who appreciate handcrafted pieces and are willing to pay a premium for unique, high-quality items. This can not only help Wally boost his sales and grow his customer base but also enhance his reputation as a skilled craftsman.