Prices fuel water grocery items etc tend to rise in, Ask an Expert

Economics

Prices (fuel, water, grocery items, etc.) tend to rise in response to a natural disaster.

1. Using the term Demand as a topic, explain how/why this occurs.

2. Using the term Supply as a topic, explain how/why this occurs.

3. Using the term Equilibrium as a topic, explain how/why this occurs.

4. From an ETHICAL/MORAL point of view, what are the issues involved with this case?

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91298979

Have any Question?Write your Review or question?

Related Questions in Business Economics

Whats your answer about the equilibrium change from an

What's your answer about the equilibrium change from an event which decreases both demand and supply? You don't need to provide graph here. Just describe the curve shifts and how the equilibrium price and equilibrium qua ...

The ages of commercial aircraft are normally distributed

The ages of commercial aircraft are normally distributed with a mean of 13.5 years and a standard deviation of 8.3821 years. What percentage of individual aircraft have ages between 10 years and 16 years? Assume thata ra ...

1 in the united states many agricultural products such as

1. In the United States, many agricultural products (such as corn, wheat, and rice) are subsidized. What are the benefits of subsidizing these products? Instructions: You may select more than one answer. Click the box w ...

Suppose that thenbspwall street journalnbspreports that we

Suppose that the Wall Street Journal reports that we are headed for a recession. You are the manager of a firm that produces Starcho Lunch. Your marketing research people tell you that the demand for your product is gi ...

If i am given the following functions for supply amp

If I am given the following functions for supply & demand Demand: P = 50 -.25Q Supply: P = 0.1Q What would the competitive market equilibrium be if the government imposes a subsidy of $6.

Why are common stock and bond yields important what happens

Why are common stock and bond yields important? What happens if bond interests aren´t paid and what is the difference between common stock and bond investors?

What are the assumptions of linear regression analysis and

What are the assumptions of linear regression analysis and, How do we interpret the regression coefficients ,can u give a real life example of how linear regression is used in statistical research

A if the required reserve ratio is 250 percent what is the

a. If the required reserve ratio is 2.50 percent, what is the monetary multiplier? b. If the monetary multiplier is 5, what is the required reserve ratio?

1 breeding records reveal that 1 out of every 8 puppies of

1. Breeding records reveal that 1 out of every 8 puppies of a certain Welsh Corgi female are runts. Since these puppies can't be sold for full price, we wish to examine the frequency with which this condition is likely t ...

1 government spending fluctuates less than spending by

1. Government spending fluctuates less than spending by households and spending by firms on investment. Explain. 2. In countries with well-developed tax collection and welfare systems, there are automatic stabilisers tha ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert