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The Impact Of Hurricane Katrina On Louisiana

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A market that will be affected in an area hit by a disaster is restaurant meals. Hurricane Katrina hit Louisiana on August 29, 2005. As a result the city experienced massive flooding. “Local business owners and managers were strongly impacted by not just the physical damage of the hurricane and its aftermath but also by the loss of operations while the city was closed” (Corey & Deitch, 2011). People in the affected area will want to buy their food quickly and cheaply at supermarkets, not sit down for a slow, expensive meal. The residents of Louisiana were dispersed and the customer base was lost.
Obtaining a complete understanding of supply and demand is tricky. “The process of supply and demand attempts to predict a future state well before
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