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A Discussion Forum related to applying relevant module material to COVID-19 analysis. In this forum, you are to consider supply and demand analysis in a

A Discussion Forum related to applying relevant module material to COVID-19 analysis. In this forum, you are to consider supply and demand analysis in a recent headline. This can be either a full article you have read or comment within a broader piece. Then complete all columns of a row in the table below. Please read articles related to covid-19. The idea is to consider how COVID-19 has led to supply and demand shifts in specific markets (1-2 markets simultaneously). Please answer the ff:

Headline: (cite the article)

Market Curve Affected and Determinant (ex. In-store groceries shopping, customer tastes) 2-3

Which direction (ex: Increase demand) 2-3

Effect on price (rise or fall) (ex: Prince Increase) 2-3

Here is the example work:

Headline

Market Curve Affected and Determinant

Graph reference

Which direction

Effect on price (rise or fall)

“We Worked Out”

Gym memberships demand; tastes and preferences

Module 6, slide 5

Decrease demand

Decrease price gym memberships

“We Worked Out”

Fitness apps demand; tastes and preferences

Module 6, slide 5

Increase demand

Increase price fitness apps

“We Worked Out”

Gym memberships demand; price related good

Module 6, slide 3

Increase demand in longer term

Substitute good price has risen; so more demand for cheaper option when safe:

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