Question
You need to find a pandemic-related news article with some relation to Canada. Analysis of the shift in supply and/or demand for a product or
You need to find a pandemic-related news article with some relation to Canada. Analysis of the shift in supply and/or demand for a product or service during the pandemic will be the primary objective.
1. Give a brief summary of the article and mention how it relates to the supply and demand theory. 2. What kind of movement or shift along the demand and/or supply curve might be anticipated in light of the article? Justify your choices and illustrate the changes in a Demand and Supply graph. Address the modification of the equilibrium price and quantity as well. 3. How has your understanding of how the economy functions altered over the course of the short amount of economics we have covered so far?
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