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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

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

costsincreased.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.

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