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Note: this is an economics question forcused on supply/demand,
*Who was affected by Hurricane Sandy Give few examples (not more than 4) and *explain how each is affected.
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- Note: this is an economics question. *What were the policy responses used to combat the shortage of hand sanitizer, masks and disinfectant products during the covid-19 pandemic? *Explan.Note: this is an economics questions Based of the 2012 case of Hurricane Sandy, *how can the market forces of supply and demand be applied to analyze other similar issues like rice shortage in Malaysia, or rent controls in large cities like NYC or LA *and the policy responses to solve them?Note: this is an economics question. *Was the shortage of hand sanitizer, masks and disinfectant products during the covid-19 pandemic due to supply or demand? *Explain.
- Note: This is an economics question. *How can you use supply and demand to analyze shortage issues and policy responses to them? *ExplainUSE FIGURE #1: In an effort to protect endangered species from the effects of logging in America's national forests, the federal government passes a law prohibiting logging in most of the state of Washington. Which of the figures above best illustrates the effect of this new law? Group of answer choices - Figure C - Figure B - None of these because a prohibition cannot be illustrated using demand and supply figures - Figure A - Figure DQUESTIONS: Scenario 1: As part of an international trade agreement, the Oman government reduces the tax on imported coffee. a. Will this affect the supply or the demand for coffee? Why? b. Which determinant of demand or supply is being affected? Explain. c. Show graphically the effect of changes in demand or supply. d. How will this change the equilibrium price and quantity of coffee? Explain your reasoning. Scenario 2: The Ministry of health publishes a study finding that coffee drinking reduces the probability of getting cancer. a. How do you imagine this will affect the market for coffee? Why? b. Which determinant of demand or supply is being affected? Explain. c. Show graphically the changes in demand or supply. d. Will this change the equilibrium price and quantity of coffee? Explain your reasoning.
- A key skill in economics is the ability to use the theory of supply and demand to analyze specific markets. With this assignment, you get a chance to demonstrate your ability to apply what you have learned to the coffee market. Be sure to answer all parts of each of the scenarios below. Students may utilize Paint, Word (the shapes tool under Insert), OneNote (Draw tab), or hand draw the graphs. Scenario 1: Suppose that the FDA increases regulations for coffee. Will this affect the supply or demand for coffee? Why? Which determinant of demand or supply is being affected? Show graphically with before and after curves on the same axes. How will this change affect the equilibrium price and quantity of coffee? Explain your reasoning. Scenario 2: Suppose the Mayo publishes a study finding that the caffeine in coffee increases the probability of getting Alzheimer’s. How do you imagine this will affect the market for coffee? Which determinant of demand or supply is being affected? Show…Principles of Economics Demand And SupplyQuestions:1) Find a news article related to any economic/ social/environmental issue in Malaysia. 2) Introduce the topic/issue and discuss how the situation might affect demand or supply in the economy.Need help with supply and demand homework questions a) In the 1964 movie, Goldfinger, James Bond takes on the notorious gold smuggler and jeweller Auric Goldfinger. Goldfinger’s evil plan involves destroying the United States of America’s biggest stock of gold at Fort Knox, hence making Goldfinger wealthier. According to supply and demand, why does Goldfinger’s plan make sense? Explain, using a diagram. b) A drought destroys many coffee plants. How does this affect the market for coffee? Explain using a diagram
- How do the laws of supply and demand affect ongoing business, and what policy or system could you use to help? Please give one example of an effect of supply or demand and then describe how you would manage the situation. Please be detailed and specific with a tangible example.A key skill in economics is the ability to use the theory of supply and demand to analyze specific markets. With this assignment, you get a chance to demonstrate your ability to apply what you have learned to the coffee market. Be sure to answer all parts of each of the scenarios below. Students may utilize Paint, Word (the shapes tool), or hand draw the graphs. Scenario 2: Suppose the National Institute of Health publishes a study finding that coffee drinking reduces the probability of getting colon cancer. How do you imagine this will affect the market for coffee? Which determinant of demand or supply is being affected? Show graphically with before and after curves on the same axes. How will this change affect the equilibrium price and quantity of coffee? Explain your reasoning.Categorize the following as microeconomic or macroeconomic questions: iv) Why is the Barbados experiencing high rates of inflation? (v) How large is KFC’s share of the fast food industry? (vi) How will implementation of a minimum wage rate affect your 17 year old