Gas Pipleline Shutdown
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This paper presents an analysis of the consequences of shutting down a gas pipeline in Arizona for a couple of weeks. It further considers how the shut down affected prices and how the price changes affected supply and demand and their associated curves.
From the Paper:"When prices change, supply and demand change as well. Sometimes it is only the quantity supplied and quantity demanded that change. This results in movement along the supply and demand curves. Depending on the source of the price change however there may be a shift in supply or demand or both. This results in a shifting of the curves. This analysis considers how a price increase in gasoline resulting from shutting down a pipeline in Arizona for a few weeks might affect the supply..."
Cite this Cause and Effect Essay:
Gas Pipleline Shutdown (2008, December 01) Retrieved November 25, 2020, from https://www.academon.com/cause-and-effect-essay/gas-pipleline-shutdown-122497/
"Gas Pipleline Shutdown" 01 December 2008. Web. 25 November. 2020. <https://www.academon.com/cause-and-effect-essay/gas-pipleline-shutdown-122497/>