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Topic: Business
Number of pages / Number of words: 5 / 1380
Essay's paper body

If the economy is in recession, it becomes more difficult to justify spending $1600 on custom-made cabinets, and if a customer really does need new ones, he will likely choose to go to IKEA instead and purchase them for much less. Unemployment rate also plays a role in determining the demand for a commodity such as custom cabinetry...


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It is very unlikely that a person without a job will want to order custom-made cabinets, even if quality is amazing. As the current unemployment rate is at a stable 6.1% (according to Statistics Canada), it seems that the economy in Canada is not in recession, and the percentage of the unemployed is not very high...


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