PRICE INCREASES AFTER DISASTERS

short paper 2-3 pages APA guidelines. the attachment explain everything you need to know. the topic is # 3 ( Price increases after disasters) chapter 4. I will attach part of the book that will help with the paper.

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After a natural disaster occurs, it is quite common to experience an increase in prices of certain commodities in the market. Although this happens almost every time a disaster occurs, it is still hard for most people to understand the economic principles behind the increase in prices. In the market economy, prices rise after the occurrence of disasters since the supply of commodities is affected by the impact of the disaster while the demand increase…

(1000 words)