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Econ

10/10/2020 Client: happyw Deadline: 3 days

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?  

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