Comments on: After the hurricane in the gulf coast hurts the gulf coast tourism, would there be a shift in supply,demand,? http://earthquakequestions.com/after-the-hurricane-in-the-gulf-coast-hurts-the-gulf-coast-tourism-would-there-be-a-shift-in-supplydemand.htm Everything You Want To Know About Earthquakes Mon, 23 Apr 2012 18:35:24 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: SeriousCat ^-.-^ http://earthquakequestions.com/after-the-hurricane-in-the-gulf-coast-hurts-the-gulf-coast-tourism-would-there-be-a-shift-in-supplydemand.htm/comment-page-1#comment-3036 SeriousCat ^-.-^ Wed, 12 Aug 2009 14:27:24 +0000 http://earthquakequestions.com/after-the-hurricane-in-the-gulf-coast-hurts-the-gulf-coast-tourism-would-there-be-a-shift-in-supplydemand.htm#comment-3036 ONLY THE SUPPLY CURVE SHIFTS LEFT Demand would not be directly affected by the hurricane. Supply would decrease, as recreational facilities and the environment are destroyed. The supply curve shifts left and the quantity demanded moves along to the demand curve to meet the new, lower equilibrium (in terms of price and quantity demanded). ONLY THE SUPPLY CURVE SHIFTS LEFT

Demand would not be directly affected by the hurricane. Supply would decrease, as recreational facilities and the environment are destroyed. The supply curve shifts left and the quantity demanded moves along to the demand curve to meet the new, lower equilibrium (in terms of price and quantity demanded).

]]> By: ChocolateCoveredGoodness http://earthquakequestions.com/after-the-hurricane-in-the-gulf-coast-hurts-the-gulf-coast-tourism-would-there-be-a-shift-in-supplydemand.htm/comment-page-1#comment-3037 ChocolateCoveredGoodness Wed, 12 Aug 2009 14:27:24 +0000 http://earthquakequestions.com/after-the-hurricane-in-the-gulf-coast-hurts-the-gulf-coast-tourism-would-there-be-a-shift-in-supplydemand.htm#comment-3037 They will both drop simultaneously. Yes, there would be a new equlibrium price. How can someone who understands economics say that the demand for tourism would not be directly affected after a city's been ravaged by a hurricane? I would like to hear an explanation if possible, Cat. They will both drop simultaneously. Yes, there would be a new equlibrium price.

How can someone who understands economics say that the demand for tourism would not be directly affected after a city’s been ravaged by a hurricane? I would like to hear an explanation if possible, Cat.

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