Buy custom Changes in Supply, Deman and Price
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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 726 |
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This could manifest in consumers buying more sweaters and blankets or more commonly, using more natural gas energy to heat their homes. However, as we have seen in this article, consumers are purchasing heaters and products used to “winterize’ their homes because the cost of using natural gas energy to heat their homes is just too high...
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According to the authors, more power plants are turning to natural gas as an energy source, thus creating another reason for a higher demand for natural gas. With this higher demand, normally price should fall, as more supplies of natural gas energy are made available. Unfortunately, as we see in the article, the supply of natural gas is not increasing in order to meet the demand...
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General points of the essay
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