Question

8 Because of the heavy rain and flood in Mersin on 28 of December 2016, many agricultural gardens, fields and green houses (agricultural production fields covered by plastic or glass) were damaged, which caused vegetables prices to increase significantly. Explain such event by drawing figure.

Answer 1

Sol :

Due to heavy rain , many agricultural gardens was destroyed . Due to which,  Supply of the vegetable is badly damaged and reduced significantly.  

so , Supply curve will shift to the left. And , this will cause excess demand in the market , giving rises to prices.

Si D S E K P Price 15) رلا х quantity