Slide Part - Fardin Update
Slide Part - Fardin Update
when supply exceeds demand for a good or service, prices fall. When demand
exceeds supply, prices tend to rise
Global Perspective
Rise in demand
Jacked up prices
short in supply globally
So, it is evident that due to the pandemic the demand for face mask accelerated significantly
on sudden time, which caused supply to become constrained. But, the price to be higher.