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Before the coronavirus outbreak the average high-street price of a travel-size hand sanitiser was 0.99 but after the outbreak it went up to 2.49. Explain
Before the coronavirus outbreak the average high-street price of a travel-size hand sanitiser was 0.99 but after the outbreak it went up to 2.49. Explain how demand, cost and market concentration may explain the price change. Explain with diagram.
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