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Let's consider an economy where all firms are favouring remote work to favour physical distancing and avoid the spread of a virus. To achieve these
Let's consider an economy where all firms are favouring remote work to favour physical distancing and avoid the spread of a virus. To achieve these goals all firms receive a subsidy to equip their workers with a laptop. Consider that the market for laptops is in perfect competition and initially at the equilibrium. Explain the impact of the pandemic on the supply, demand, equilibrium on market of computers. Give a graphical representation. (10 marks)
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