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Essay

Arizona Crisis: Movement of Supply and Demand

Essay specific features

 

Issue:

Business

 

Written by:

Scott J

 

Date added:

May 28, 2017

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 732

 

Was viewed:

8029 times

 

Rating of current essay:

 
Essay content:

This price increase that had the governor of Arizona so concerned was a result of an event that occurred on July 30, 2003 causing a shift in the supply and demand curves. This event involved an 8 inch gasoline pipeline operated by Kinder Morgan that ran through Tucson and Phoenix that was temporarily shut down on July 30th as a preventative step in connection with an ongoing investigation into a rupture within the pipe...
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The pipeline was supply for three million consumers in metro Phoenix and Maricopa County supplying at least half of their supply of gasoline (Associated Press). The lack of supply from the shutdown pipeline immediately reduced the volume of gasoline available to Arizona residents. Phoenix alone saw a decrease of 30 percent in its supply of gasoline from this shutdown...
displayed 300 characters

General issues of this essay:
Arizona Crisis: Movement of Supply and Demand Supply And Demand Supply and Demand Supply and Demand Supply and Demand Supply, Demand, and Price Supply, Demand, and Price supply, demand, and price change Demand And Supply Supply And Demand 2 Supply Demand Price Supply, Demand and Price supply and demand Demand And Supply Hw Demand Management: Integrating Demand and Supply in Real Time
 

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