0
What else can I help you with?
What causes the price of everything to jump up immediately right after a disaster?
The price of goods and services often jumps immediately after a disaster due to increased demand and disrupted supply chains. As people rush to purchase essential items like food, water, and fuel, the sudden spike in demand can lead to price gouging, where sellers raise prices significantly. Additionally, logistical challenges and limited availability can further exacerbate price increases. This phenomenon reflects the economic principle of supply and demand in crisis situations.
Why do prises go up after a natural disaster or war?
Supply and demand.
When disasters hit an area the cost of everything seems to go up immediately food water housing gas and so forth why is this good a thing using the laws of supply and dem?
According to the free market, when the disaster hits, there is a disruption in supply and demand and thus, the equilibrium price increases: market is cleared and there is no excess in demand or supply. However, the negative side of this is that there would be poverty for people who can't afford this new price.
When disasters hit an area the cost of everything seems to go up immediately food water housing gas and so forth Explain why this phenomenon may be a good thing using the laws of supply and demand?
When disasters hit an area the cost of everything seems to go up immediately food ,water, housing, gas. Explain why this phenomenon may be a good thing in the used of supply and demand ?
When disaster hits why does the cost of food and gas go up supply and demand?
There is no way supply and demand affect disasters, they are natural things in nature while supply and demand are economic processes. Disasters can easily decrease the supply of something, which increases the price on that good.
Which factor influences buyer's behavior?
Everything. Personal Preferences., Displays, Supply and Demand, Everything
Which factor influence buyer's behavior?
Everything. Personal Preferences., Displays, Supply and Demand, Everything
In a disasters the cost of everything seems to go up?
Yes it does. Supply and demand
Why when a disaster hits the are everything goes up immateriality?
During disasters, people often rush to buy essential supplies, leading to an increase in demand. This surge in demand can cause prices to rise due to a limited supply and increased competition among buyers. Additionally, disruptions in the supply chain may also contribute to higher prices for goods and services.
When will Fuel cells be mass produced for cars?
Only if the marketplace demands it. Like everything else, "Supply and Demand."
How do the laws of supply and demand affect baseball players salaries?
Salary is contingent on the economics of "everything Baseball" from the price of Hot Dogs to how many people buy tickets. The supply and demand of these consumer products would affect a player's salary.
Demand rises and supply is constant?
No. If demand rises, then supply falls. Transveresly, if demand falls, then supply rises.
