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2. (10 points) a) During the Covid-19 pandemic, what would happen to the demand for laptop computers? Why? Other things
Posted: Wed Jul 06, 2022 6:33 pm
by answerhappygod
- 2 10 Points A During The Covid 19 Pandemic What Would Happen To The Demand For Laptop Computers Why Other Things 1 (103.49 KiB) Viewed 24 times
2. (10 points) a) During the Covid-19 pandemic, what would happen to the demand for laptop computers? Why? Other things equal, what would happen to the price and quantity? b) During the Covid-19 pandemic, what would happen to the supply of laptop computers? Why? Other things equal, what would happen to the price and quantity? c) Based on your answers to (a) and (b), how would you predict the change in market price and quantity of laptop computers? Use a diagram to show your answer. Make sure to correctly label all your axes/curves, specify the curve- shifting, and explain your reasoning in words.