Describe phenomenon of laws of supply and demand

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When disasters hit the area, cost of everything--food, water, housing, gas and so forth-appears to go up immediately. Describe why this phenomenon may be the good thing, using laws of supply and demand to describe your answer.

Reference no: EM13102744

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Describe phenomenon of laws of supply and demand : Gas and so forth-appears to go up immediately. Describe why this phenomenon may be the good thing, using laws of supply and demand to describe your answer.

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