Question
After reading the demand and supply chapters, share with us what happened to the Law of Demand and the Law of Supply during the COVID
After reading the demand and supply chapters, share with us what happened to the Law of Demand and the Law of Supply during the COVID 19 pandemic?
Please use specific examples in your discussion post, such as COVID 19 vaccine, surgical masks, hand sanitizers, etc. to answer the following questions:
1.Does the Law of Demand and the Law of Supply work for essential items during the COVID 19 pandemic?
2.If the answer is yes, why? Explain the reasons in terms of economics and provide specific examples.
3.If the answer is no, why? Explain the reasons in terms of economics and provide specific examples.
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