another Economics EE help please thread Watch

cuth
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#1
Report Thread starter 12 years ago
#1
I will join the glut of EE threads with mine

I'm doing economics, and at the moment i'm thinking of doing

"What are the possible effects of an increase in demand for biofuels on the (US or EU.. not sure) agricultural industry?"

What do you chaps think?

What could i do for primary research? i was thinking of surveying people to get an idea of the extent of potential demand

cheers for any help provided
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Crazster
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Report 12 years ago
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Ahem, which unit?

Bio fuels = Demand ^, this price ^ < short term. Long term Supply ^, price V, demand stable, but the cob web model indicates that supply may get out of control depeniding on elasticity of demand.

K thats a good start. If you can decipher it 0_o.
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cuth
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yea cheers, what do you mean by what unit?
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