War profiteering, pretty straightforward. The term refers to any firm, person or an organization that benefits from warfares or selling military goods. Notable examples include Lockheed Martin, which sells Fighter jets to aid America, Raytheon, which produces radar for the fighter jets and missiles. They make the majority of their profit by war, and how the countries desire for better weaponry to win against the opposing nation.
This change in price means that there is a shortage of lettuce and the price of tacos will increase. That if tacos are made with lettuce and everything else remains constant (ceteris paribus).
