1. Is the gas shortage in the Hurricane Sandy case primarily limited to an issue of supply, or demand, or both? Use the supply or demand or both graphs to justify your answer.
2. Who is affected by the hurricane? Give few examples (not more than 4) and explain how each is affected.
3. What are some ways of dealing with the shortage problem? Did the policies achieve their intended goal?
4. Discuss why the measures used to deal with the shortage problem may exacerbate the crisis rather than solving it. In order words, what are the unintended consequences of remedying the gas shortage.