Prices fuel water grocery items etc tend to rise in, Operation Management

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Prices fuel water grocery items etc tend to rise in

Prices (fuel, water, grocery items, etc.) tend to rise in response to a natural disaster.

1. Using the term Demand as a topic, explain how/why this occurs.

2. Using the term Supply as a topic, explain how/why this occurs.

3. Using the term Equilibrium as a topic, explain how/why this occurs.

4. From an ETHICAL/MORAL point of view, what are the issues involved with this case?

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Operation Management: Prices fuel water grocery items etc tend to rise in

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