Question
In the early stages of the COVID-19 pandemic, buyers looking for N-95 masks were often unable to find them or found that prices were much
In the early stages of the COVID-19 pandemic, buyers looking for N-95 masks were often unable to find them or found that prices were much higher than before. How would an economist explain this situation, using the concepts of supply and demand?
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Introduction to Econometrics
Authors: James H. Stock, Mark W. Watson
3rd edition
133595420, 978-0138009007, 138009007, 978-0133486872, 133486877, 978-0133595420
