5. Unemployment is at an all-time high in Detroit. Meanwhile, 7 stores in 12 Oaks Mall, known for its high-end stores like Nordstrom, J.Crew, and more, have closed. What has caused the change in the demand for high-end goods from these shops? Show the shift in the demand curve below and list the determinant. *Name the determinant:

ENGR.ECONOMIC ANALYSIS
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5. Unemployment is at an all-time high in Detroit. Meanwhile, 7 stores in 12 Oaks Mall, known for its
high-end stores like Nordstrom, J.Crew, and more, have closed. What has caused the change in the
demand for high-end goods from these shops? Show the shift in the demand curve below and list the
determinant.
*Name the determinant:
64°F Mostly cloudy
ort sc
6.
CO
近
Transcribed Image Text:5. Unemployment is at an all-time high in Detroit. Meanwhile, 7 stores in 12 Oaks Mall, known for its high-end stores like Nordstrom, J.Crew, and more, have closed. What has caused the change in the demand for high-end goods from these shops? Show the shift in the demand curve below and list the determinant. *Name the determinant: 64°F Mostly cloudy ort sc 6. CO 近
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