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As it happened in Pakistan, when the government announced lockdowu during the first and second wave of the pandemic, the prices oi face masks, vitamin

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As it happened in Pakistan, when the government announced lockdowu during the first and second wave of the pandemic, the prices oi face masks, vitamin supplements, Surbex 2, Cat: illllll and Antibiotics etc. rose. A package of surgical masks typically costs about RsElll], or at least it did until December 2019. They were last priced at RsTIIII] before being unavailable, according to a visit to some pharmacies in Karachi. Although the masks tend to be sold in 'black,' their price in the shadow economy has risen even higher to Rsl,{lllll per package flutail. A. 202d}. A representative from Naheed Supermarket pharmacy confirmed the shortage of surgical masks in the local markets.\" It and where available, they have doubled the actual price, with lower quality.\" Another pharmacist, from Time Medicos, said, \"Surgical masks are available in our shop but there is an increase in the price, as buyers have increased.\" Now, this reects the concept of price gouging clearly as the demand goes up the supply decreases and the prices of the commodity increases. Let's take another example

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