Question
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.
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Economics of Strategy
Authors: David Besanko, David Dranove, Mark Shanley, Scott Schaefer
6th edition
978-1118273630, 111827363X, 978-1118319185
