Posted: March 6th, 2022
Suppose you are asked to do a market analysis in an area in which a natural disaster has recently occurred.
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Suppose you are asked to do a market analysis in an area in which a natural disaster has recently occurred.
Other than building supplies (which is too easy :), choose a market for a good or service that will be affected.
Will demand or supply be affected?
What happens to equilibrium prices and output in this market? Draw a supply and demand graph for personal use, and then explain the process in detail.
Choose a market that has not already been chosen by a classmate. Be creative and thoughtful!
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