Market equilibrium price of computers

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Suppose that there is a market for computers in the U.S. A series of strong earthquakes occurred in 2020, causing landslides, fires, building and roadway collapse. As a result, production facilities for computers have been destroyed and a lot of people died or lost their homes. How will this disaster affect the demand and the supply of computers in 2020? In other words, would the supply and/or demand for computers increase, or decrease? Also, what will happen to the market equilibrium price of computers in 2020, as opposed to those in 2019 as a result?

Reference no: EM132519235

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