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The article discusses how the pandemic affected demand for public schools (PS). The article noted that during the pandemic at various times both homeschooling and private schooling significantly increased. What effect did this have on PS? During the pandemic in Michigan where the study was conducted 10% of kindergartners chose alternative schooling options and 3% for the rest of the school age population. As the pandemic continued the substitutes for PS became more desirable and people had expectations that they would be better. Therefore demand went up for the other options and down for PS's. The graph of demand for PS's can be seen below. People were affected and will be affected in many ways. For one thing private institutions will have an increased enrollment and make more money. Families who choose to homeschool will have a lot of work. Companies like Khan Academy and others which do online learning probably and will have increased sales.

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The Pandemic's Effect on Demand for Public Schools, Homeschooling, and Private Schools

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Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

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The discovery of a new lithium deposit does have important ramifications for the climate and for technology, it's important to consider the effect on supply and demand. A new source of lithium in the market would decrease the cost of the resource for technology such as batteries for electric cars. Now how does this affect the supply of batteries and cars. If more lithium is available and can be bought for cheaper the supply of Lithium will go up. Quantity supplied will increase and price will lower slightly. This is illustrated in the graph below. This will affect companies like Tesla and other electric car companies. They will be able to get batteries for cheaper and produce them cheaper for the cars therefore lowering prices. Also many general battery companies will benefit.

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While the BTP was a political protest the colonists actions had greater implications on the economy of Boston. The Sons Of Liberty destroyed 340 chests of tea and an equivalent in today's money of over 1.7 million dollars. While we can exactly know the economic impacts of this event one can assume the impact was great. With no shipments of new tea coming in soon the remaining tea would be little in supply therefore the demand for it would increase and so would it's price. Along with this even before the BTP, because the Tea Act was imposed the # of sellers in the market was only one and therefore they could set unfair prices which colonists had no other choice but to pay for if they wanted tea. In summary as Qs decrease P increases and is illustrated in the graph.

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Boston Tea Party, (December 16, 1773), incident in which 342 chests of tea belonging to the British East India Company were thrown from ships into Boston Harbor by American patriots disguised as Mohawk Indians. The Americans were protesting both a tax on tea (taxation without representation) and the perceived monopoly of the East India Company.

The Townshend Acts passed by Parliament in 1767 and imposing duties on various products imported into the British colonies had raised such a storm of colonial protest and noncompliance that they were repealed in 1770, saving the duty on tea, which was retained by Parliament to demonstrate its presumed right to raise such colonial revenue without colonial approval. The merchants of Boston circumvented the act by continuing to receive tea smuggled in by Dutch traders. In 1773 Parliament passed a Tea Act designed to aid the financially troubled East India Company by granting it (1) a monopoly on all tea exported to the colonies, (2) an exemption on the export tax, and (3) a "drawback" (refund) on duties owed on certain surplus quantities of tea in its possession. The tea sent to the colonies was to be carried only in East India Company ships and sold only through its own agents, bypassing the independent colonial shippers and merchants. The company thus could sell the tea at a less-than-usual price in either America or Britain; it could undersell anyone else. The perception of monopoly drove the normally conservative colonial merchants into an alliance with radicals led by Samuel Adams and his Sons of Liberty.

In such cities as New York, Philadelphia, and Charleston, tea agents resigned or canceled orders, and merchants refused consignments. In Boston, however, the royal governor Thomas Hutchinson determined to uphold the law and maintained that three arriving ships, the Dartmouth, Eleanor, and Beaver, should be allowed to deposit their cargoes and that appropriate duties should be honoured. On the night of December 16, 1773, a group of about 60 men, encouraged by a large crowd of Bostonians, donned blankets and Indian headdresses, marched to Griffin's wharf, boarded the ships, and dumped the tea chests, valued at £18,000, into the water.

In retaliation, Parliament passed the series of punitive measures known in the colonies as the Intolerable Acts, including the Boston Port Bill, which shut off the city's sea trade pending payment for the destroyed tea. The British government's efforts to single out Massachusetts for punishment served only to unite the colonies and impel the drift toward war.

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Boston Tea Party | Facts, Summary, & Significance

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Boston Tea Party, precursor to the American Revolution in which 342 chests of tea belonging to the British East India Company were thrown into Boston Harbor by American patriots disguised as Mohawk Indians on December 16, 1773. They were protesting a tax on tea and the East India Company's perceived monopoly.

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Aliens land on planet Earth. They inform everyone that they are the only ones who should be eating mexican food. We have been infecting ourselves over the years by eating it. If this did happen the demand for mexican food would greatly decrease. The majority of people would not want to be infected or anger the aliens so they would stop eating it. Demand would greatly drop and price would do the same. See the graph below.