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Economic or political decision-makers only used one tool at the beginning of the COVID-19 pandemic: whether to put individuals in quarantine.
Question 1: During the pandemic, many workers started to work from home using digital technologies. Children also started homeschooling using digital technologies. At the same time, technological progress has accelerated in the IT industry. Assume that the market for computer is in perfect competition and that the initial price of a computer is 1000 dollars. Given this context, explain the impact of the pandemic on:
-The supply curve of computers
-The demand curve of computer
-The equilibrium in the market for computers
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