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Last Suede, Leather Dry Cleaner Closing
In the 1980s and 1990s, East Vancouver's Ace of Suedes had 22 employees, but the work slowly dried up as the price of mass-produced leather jackets dropped and at the same time, labour costs increased. Source: Vancouver Sun, December 29, 2016
Explain the effects in the dry-cleaning market of:
a. Rising labour costs.
b. A drop in the price of mass-produced leather jackets.
c. Rising labour costs and the falling price of mass-produced leather jackets.
Does the aggregate demand-aggregate supply model support Bernanke's thesis.
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Why people believe Black Friday is the best time for shopping? (Economic naturalist writing)
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