Natural disaster affects on supply and demand

Reference no: EM1369427

Suppose you are asked to do a market analysis in an area in which a natural disaster has recently occurred. For example, Nashville after the Spring floods or New Orleans after Hurricane Katrina.

Other than building supplies, choose a market for a good or service that will be affected. Will demand or supply be affected? What happens to equilibrium prices and output in this market?

Reference no: EM1369427

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