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1. Coronavirus has become a serious gloabl threat. In this context answer the following questions: (a) Explain the health cost of Coronavirus. (b) Use demand

1. Coronavirus has become a serious gloabl threat. In this context answer the following questions:

(a) Explain the health cost of Coronavirus.

(b) Use demand and supply diagram to show the impact of Coronaviruson the tourism industry.

(c) Use demand and supply to discuss the impact of Coronavirus on the textbook industry. Discuss elasticity in your answer

requiring application of economic theories to real world problems and issues

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