Economics - Question.請麻煩高人幫忙..thx
Economics - Question.請麻煩高人幫忙小妹..thx
Unstable weather condition and frequent thunderstorm in last summer destroyed about 20 percent of vegetables in the New Territories and the Pearl River Delta.
(a) How did it affect the equilibrium price and quantity of vegetables in HK? Explain your answers with a diagram.
How did it affect the total revenue of vegetable suppliers? Explain your answer with a diagram.