The first step in conducting a Supply and Demand Analysis is identifying the Change in the World.  Also, look at the images for this problem.  The Change in the World is the A in the If A then B positive statement. Once the A has been determined, Supply and Demand Analysis can determine the B. In Burma the typhoon hit. Peoples homes and farms were destroyed. Pick which bold choices are correct. As result, The demand for corrugated roofing shifted left, the demand for corrugated roofing shifted left, The demand for nails increased or decreased, and the supply for food decreased or increased?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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The first step in conducting a Supply and Demand Analysis is identifying the Change in the World.  Also, look at the images for this problem. 

The Change in the World is the A in the If A then B positive statement.

Once the A has been determined, Supply and Demand Analysis can determine the B.

In Burma the typhoon hit. Peoples homes and farms were destroyed.

Pick which bold choices are correct.

As result, The demand for corrugated roofing shifted left, the demand for corrugated roofing shifted left, The demand for nails increased or decreased, and the supply for food decreased or increased? 

The graphs below shows the market for roofing or nails
rice, roofing, nails ,roofing or nails?
XIX
Burma
Rest of the World
P2
P1
Dryphoon
D2
Qi
Quantity
Quantity
Transcribed Image Text:The graphs below shows the market for roofing or nails rice, roofing, nails ,roofing or nails? XIX Burma Rest of the World P2 P1 Dryphoon D2 Qi Quantity Quantity
The graphs below shows the market for rice
rice, roofing, nails, roofing or nails?
Burma
Rest of the World
Syphoon
P2
D2
Qi
Quantity
Quantity
Transcribed Image Text:The graphs below shows the market for rice rice, roofing, nails, roofing or nails? Burma Rest of the World Syphoon P2 D2 Qi Quantity Quantity
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