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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

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.

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.

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