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Some People Worry That the Fast Food Restaurant Industry Will

Question 140

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Some people worry that the fast food restaurant industry will have a harder time attracting teenage workers in the years to come because baby boomers had fewer children than earlier generations.
a. Explain how fewer teenagers might lead to higher hamburger prices
b. Explain how retirees, who need more supplemental income, might change your answer to part a.

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a. As the supply of teen-aged workers fa...

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