Question

in supply and demand how did the demand for amazon shift to the right because of...

in supply and demand how did the demand for amazon shift to the right because of covid-19?

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Due to covid 19 people avoided going to the markets. People refrained themselves from going out and buying essentials. This gave amazom to swoop in and steal all the sales. People started ordering. They did not have to go out. The food and essentials and everything got delivered at their doorstep. This was safe. Also they had many offers to lure new people in. Hence the sales of amazon increased many times. During this covid, people preferred online delivery for everything. It was easier and also cheaper.

Hence the demand curve for amazon shifted rightwards, now due to increased demands, to maintain the equilibrium the supply curve also shifted to the right. Hence the equilibrium was maintained

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
How does coronavirus affect exchange rate markets? Is COVID-19 a shift factor of demand and supply...
How does coronavirus affect exchange rate markets? Is COVID-19 a shift factor of demand and supply for the US Dollar?
What might shift the aggregate-supply curve to the right? Use the model of aggregate demand and...
What might shift the aggregate-supply curve to the right? Use the model of aggregate demand and aggregate supply to trace through the short-run and long-run effects of such a shift on output and the price level. Explain.
An increase in non-wage income will, ceteris paribus: Shift the labor demand curve to the right....
An increase in non-wage income will, ceteris paribus: Shift the labor demand curve to the right. Shift the labor demand curve to the left. Shift the labor supply curve to the left. Shift the labor supply curve to the right.
1. Give two examples of how taxes and subsidies might inversely shift the supply curve, with...
1. Give two examples of how taxes and subsidies might inversely shift the supply curve, with one example of an increase in demand (a right shift), and the other example being a decrease in demand (a left shift). 2. Provide two examples of how taxes and subsidies might directly shift the supply curve, with one example of an increase in demand (a right shift), and the other example being a decrease in demand (a left shift).
1. The aggregate demand would shift to the right if: a. the money supply increases. b....
1. The aggregate demand would shift to the right if: a. the money supply increases. b. the Cambridge “k” increases. c. an increase in government spending is 100% offset by a decrease in consumer spending. d. foreign sector spending falls. e. All of the above. 2. The short run aggregate supply is viewed as upward sloping: a. showing that higher prices will lead to higher production. b. because it takes a while for wages to rise when prices rise. c....
Government budget deficits shift the bond −−−−−−− curve to the −−−−−−−. (a) supply; left (b) demand;...
Government budget deficits shift the bond −−−−−−− curve to the −−−−−−−. (a) supply; left (b) demand; left (c) supply; right (d) demand; right jusitify answer
What are some factors that will shift a supply curve for business? explain on your findings....
What are some factors that will shift a supply curve for business? explain on your findings. Also what products are in demand today due to Covid-19? List at least 5
If Americans suddenly wanted European products because they were deemed more fashionable, the: A. demand curve...
If Americans suddenly wanted European products because they were deemed more fashionable, the: A. demand curve for the euro would shift right. B. demand curve for the euro would shift left. C. supply curve for the euro would shift right. D. supply curve for the euro would shift left.
12Which of the following would most likely shift the aggregate demand curve to the right? an...
12Which of the following would most likely shift the aggregate demand curve to the right? an increase in stock prices that increases consumer wealth increased fear that a recession will cause workers to lose their jobs an increase in personal income tax rates a reduction in household borrowing because of tighter lending practices 13- The immediate-short-run aggregate supply curve is downsloping. upsloping. vertical. horizontal.
How did Covid-19 started a derived demand ? and what was the derived demand for ?...
How did Covid-19 started a derived demand ? and what was the derived demand for ? Definition of "Derived Demand" Derived demand is a term in economics that describes the demand for a certain good or service resulting from a demand for related, necessary goods or services. For example, the demand for large-screen televisions creates a derived demand for home theater products such as audio speakers, amplifiers, and installation services.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT