# Suppose That There Is A Natural Disaster That Destroys

Suppose That There Is A Natural Disaster That Destroys is free HD wallpaper. This wallpaper was upload at July 22, 2018 upload by admin in .You can download it in your computer by clicking resolution image in Download by size:. Don't forget to rate and comment if you interest with this wallpaper.

## Description wallpaper for Suppose That There Is A Natural Disaster That Destroys

- Title: Suppose That There Is A Natural Disaster That Destroys
- Author:
- Upload:
- Link: http://slideplayer.es/4184550/13/images/5/The+Eye+on+the+Past+in+the+chapter+has+a+fascinating+story+of+the+1906+earthquake+in+San+Francisco.+This+story+is+well+worth+telling%2C+not+only+for+itself+but+also+because+it+allows+you+to+correct+a+mistake+that+a+vast+number+of+students+make.+In+particular%2C+many+students+think+that+an+earthquake+that+destroys+housing+increases+the+demand+for+housing.+I+find+the+easiest+way+to+explain+that+the+earthquake+has+no+effect+on+the+demand+is+to+use+some+simple+numbers.+Assume+that+before+the+earthquake%2C+at+the+equilibrium+rent+there+are+100+people+demanding+100+apartments.+Point+out+to+your+students+that+at+this+rent+the+quantity+of+apartments+demanded+is+100+and+that+all+100+people+demanding+an+apartment+have+one.+Now%2C+suppose+an+earthquake+%28or+other+natural+disaster%29+strikes+so+that+at+the+initial+rent+the+quantity+of+apartments+supplied+is+only+60.+So%2C+of+the+100+people+demanding+apartments%2C+now+60+have+apartments+and+40+are+homeless.+The+point+is+that+there+are+still+100+people+demanding+apartments+%28only+now+60+have+apartments+while+40+are+still+looking%29%2C+so+the+quantity+demanded+has+not+changed.+It+is+the+supply+that+has+changed%2C+not+the+demand.+Moreover%2C+the+fact+there+is+a+shortage+of+40+apartments%2C+so+that+40+people+are+still+searching+for+an+apartment%2C+is+what+leads+to+an+increase+in+the+equilibrium+rent..jpg
- Tag:
**Category:**Uncategorized- View: 0 View