Please show, using a diagram with explanation, the effect on the UK market for t-shirts of a flood in Bangladesh, a leading cotton growing nation.

Student should realise that the flood will reduce global supply of cotton, causing the supply curve on the diagram to shift left. The market equilibrium will therefore move along the demand curve until the point of intersection with the new supply curve. This will be at a higher equilibrium price and smaller equilibrium output.

Answered by Marshall M. Economics tutor

1632 Views

See similar Economics GCSE tutors

Related Economics GCSE answers

All answers ▸

Explain the term Economies of Scale. You may use a diagram to help.


Explain the effect of a subsidy on equilibrium price and quantity in a demand and supply model.


What are the advantages and disadvantages of globalisation? (6)


Explain how an increase in interest rates can affect total spending in the UK.


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2025

Terms & Conditions|Privacy Policy
Cookie Preferences