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Group # 4 : Grey / Black clothing D / S Studies have shown that the color red has a psychological effect on people. Stephanie

Group #4: Grey/Black clothing
D / S
Studies have shown that the color red has a psychological effect on people. Stephanie Lee, a writer for the blog Airline Tips, shares that "Airline staff may subconsciously perceive passengers in red as more important or of higher status, leading to enhanced customer service experiences."
Red is attention-grabbing, so your outfit could result in more attention from flight attendants.
"So, if you want to receive top-notch treatment during your travels, consider incorporating red into your airport attire and stay away from wearing dark and muted colors like black and gray." she added.
Humans have been coloring fabric for millennia. The earliest record is traced back to 3500 BC. Until 1856, when WH Perkins discovered synthetic dyes, all dyes were made with natural pigments and oils. With advancements in technology, modern dyeing methods have become more sustainable and environmentally friendly. The dyeing process for black/grey colors in textile has been significantly optimized, leading to fewer usage of materials such as water and energy, which drove costs down.
Draw a diagram for a market for black/grey clothing and illustrate changes in a market equilibrium. Explain factors causing the shifts.
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