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As a result of COVID-19, the demand for face-masks has increased though there is little or no economic growth. Please discuss what will happen in

As a result of COVID-19, the demand for face-masks has increased though there is little or no economic growth.

  1. Please discuss what will happen in the commodity (related goods) markets.
  2. What will happen to the allocation of inputs (resources) in the factor market?
  3. Is the use of masks a public good with positive externalities?

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