Rising Commodity Prices: A Lesson in Managerial Economics

I just read an article in BusinessWeek that is very applicable to what I am learning at the Mason School of Business. In the wake of the recent financial woes, luxury goods manufacturers are facing a problem of rising commodity prices. Though luxury consumers have resumed their spending habits, there is a demand side component that is still causing the price of inputs like leather to go up. A worthy read for those interested in managerial economics.

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