econ

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https://www.youtube.com/watch?v=-f73QTQQd7A

 Watch this short video. Think about how this pandemic drives the demand and supply curve shift for each product. Give me 1 to 2 product as examples to describe the following:

  1. What happened to consumer behavior on this product during the pandemic?
  2. What causes demand or supply curve shift?
  3. If shift, to which direction?

https://www.youtube.com/watch?v=W5LosUoULpo 

View and analyze "The Coupon Kid | Extreme Couponing." According to Broderick, all the items in his storage are worth approximately $4,500, but he only spent about $100. How would an economist respond to this? Are there any economic concepts that can be applied to this scenario?  

  • 6 years ago
  • 15
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