Knitted Sneakers Are Helping Kick Wool Higher

Knitted Sneakers Are Helping Kick Wool Higher

Assessment

Interactive Video

Business, Architecture, Life Skills

University

Hard

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main factor driving the recent increase in wool prices?

New uses of wool in sneakers

Increased wool production

Government subsidies

Decrease in wool demand

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which companies are contributing to the new market for wool?

Converse and Vans

New Balance and Skechers

Nike, Adidas, and Puma

Reebok and Under Armour

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has Australian wool production changed over the past 20 years?

It has halved

It has remained the same

It has tripled

It has doubled

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of the world's wool used in apparel is supplied by Australia?

10%

50%

70%

20% + 90%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might the rising wool prices affect the cost of sneakers?

Sneakers will be discontinued

Sneakers will remain the same price

Sneakers will become slightly more expensive

Sneakers will become significantly cheaper