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The covid pandemic has disrupted a variety of different firms, industries, and markets. Consumer behavior has changed, supply chains have been interrupted, labor and resource markets have been affected in a variety of different ways, etc. Many have suffered due to these disruptions and yet others have seized new opportunities that have also appeared amidst the chaos.
In this context, your task is to identify at least 4 specific industries or businesses that have benefitted from, and seen overall growth during, the pandemic. For each of the cases that you identify, you should write a detailed explanation of exactly how and why the industries or businesses benefited and how the pandemic brought on opportunities for value creation for the industries or businesses at hand.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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