1- consider a supply and demand model of the wholesale, Ask an Expert

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1- Consider a supply and demand model of the wholesale gasoline market. If a tropical storm forces some refineries to temporarily withdraw from the market, what curve shifts and in which direction?

2- If an earthquake decreases cement supply by disabling a major cement plant and increases demand by necessitating repair jobs, what does the model of supply and demand definitely predict for the cement market?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91272661

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