01 Nov Case Study 1: The Impact of Sales in the Auto Industry During COVID
Using data sources from business publications and the Internet, as well as a graphical example (supply & demand), show the impacts of the events during the 2020 COVID pandemic on the price and quantity of vehicles, and the overall impact to both the auto industry and consumers. Comment on supply and demand prior to and after the pandemic.
Please make sure your response is a minimum of 3 pages and includes a supply and demand curve.
Ensure your supply and demand curve illustrates both a change along the supply and demand curve as well as a shift in the supply and demand curve.
Please also include additional concepts and terms discussed in our week one lecture such as normal and inferior goods, substitutes, compliments, additional factors that impact supply and demand
etc..
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