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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 724 |
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If the price for the rental apartments was at the ceiling price, and the demand for the apartments increased, the supply would begin to decrease. The problem faced in the simulation is this begins a snow ball affect and the quantity demanded exceeds the quantity available and a shortage will continue...
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How can you apply what you learned about the concepts of supply and demand from the simulation to your workplace?
The writer has a position of Medi-Cal Eligibility Worker (the person in charge to ensure eligibility for an applicant of public assistance benefits) in the Los Angeles County, which has different district office locations countywide...
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