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
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? 4 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. Mitchell Gair-