Answer to Question #241469 in Economics for zulu

Question

During the Covid-19 pandemic, many people bought face masks, but the price of face masks did not change. Why is it not in line with the law of demand?

Answer 1

The price of face masks did not change in the long run, because both the supply and demand increased, so although the quantity demanded rose, the equilibrium price is almost the same as before the Covid-19 pandemic.