Business, 07.04.2020 19:25, drunkelmo04

Imagine a scenario in which the fashion industry is suffering from a lack of supply (due to higher production costs) and a dwindling demand (due to the existence of sweatshops and environmentally unfriendly business practices). A hypothetical situation such as this is likely to cause high unemployment in the fashion industry. What could the government do to correct this market failure

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Imagine a scenario in which the fashion industry is suffering from a lack of supply (due to higher p...