With the economy struggling in both America and Europe, alligator farmers are finding it hard to sell skins to tanneries and manufacturers. A $60 million dollar industry in Louisiana, alligator farms are hurting largely because their product, alligator skins, is a luxury item. According to the economic law, the market price of a good is determined by both the supply and demand. Now, I'm patiently waiting for the price of Alligator handbags to come down. SOURCE 
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