Question

Assume that a perfectly competitive hand sanitiser market is in long-run equilibrium. The price of hand sanitisers is observed
to increase during the COVID 19 pandemic, and then it returns back to its normal price after the pandemic. Use the diagram
below to discuss this market before, during and after the pandemic. Include in your discussion the profit levels in each case.

Marketing is typically seen as the task of creating, promoting and delivering goods and
services to consumers and businesses. In fact, marketing involves various types of entities.
Use relevant examples from different industries to discuss the categories of industries or
entities that marketing professional are responsible for marketing.

Answer 1