Draw a graph of a persons indifference curves for second-hand clothing and other goods. Then draw two
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Draw a graph of a person’s indifference curves for second-hand clothing and other goods. Then draw two budget lines to show the effect of a fall in income on the quantity of second-hand clothing purchased.
Resale has been doing very well through the pandemic.
At Posh mark, which connects buyers with sellers of new and used merchandise, sales are up 50% year-over-year from mid-April into May.
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