Answer to Question #125941 in Macroeconomics for Kagiso Mosemeng

Question

Using demand and supply analysis illustrate and explain the buying behavior of South 

African consumers for alcohol and liquor before the 21 day lock down was implemented by 

the South African Government.

Answer 1

The demand for alcohol and liquor increased before the 21 day lock down implemented by the South African Government, as a result both equilibrium price and quantity bought increased.