Analyze the impact of evali on the market clearing price, Microeconomics

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Analyze the impact of evali on the market clearing price

Problem

Consider the market of e-cigarettes in the U.S. In 2019, there was widespread reporting of lung injury (E-cigarette or Vaping Product Use-Associated Lung Injury, EVALI) among people who vape. Use comparative static analysis of the supply and demand to analyze the impact of EVALI on the market clearing price and quantity of e-cigarettes.

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Microeconomics: Analyze the impact of evali on the market clearing price

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