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November 21, 2022

Explain how the reopening of the economy after the Covid-19 lockdowns and then the war in Ukraine has impacted the supply and demand of petrol.

I. Explain how the reopening of the economy after the Covid-19 lockdowns and then the war in Ukraine has impacted the supply and demand of petrol. Using a business sector of activity (e.g. technology, transportation, retail, …) of your choice as an example, further explain the consequences of these changes on price, consumption, and economic profitability for consumers and companies. Tips: You must consider the impact on supply and demand in the first step, then how this impacts the economy. Reference is required in this question with a goal of 10 unique academic/professional references. Structure this response as an essay with an introduction and conclusion. Include 2 graphs

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