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Supply and demand

1 For the past few winters, the weather was extremely unpredictable. In

terms of supply and demand, identify industries that were negatively impacted by this temperature fluctuation. What are the short and long term impacts on revenue, demand for those services or goods that are normally purchased in the winter and supply of those goods and services? What about unemployment rates for the impacted sectors?

2 Identify a company or industry that's gone under (closed) because of a change in consumer tastes and preferences. What product did they sell? What reason was given for the closure?

Top Answer

Industries which are negatively affected by temperature fluctuation are:Energy industries,Agricultural industry. Many... View the full answer

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