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Quantity Quantity
Year/Quarter Product Price Quantity Price Quantity
Demanded Supplied
Demanded Supplied
Alcoholic Beverages (Case of Carib) $ 3,000 48,000 0% $ 3,000 50,000 0%
2019/ Jan to Mar Beverages (Case of Smalta) $ 1,800 12,000 0% $ 1,800 12,000 0%
Sanitation (Medium Bottle of Marvex Bleach) $ 1,200 7,500 0% $ 1,200 8,000 0%
Alcoholic Beverages (Case of Carib) $ 3,000 46,000 4.166% (decrease) $ 3,000 50,000 0%
2020/ Jan to Mar Beverages (Case of Smalta) $ 1,800 12,360 3%(increase) $ 1,800 12,000 0%
Sanitation (Medium Bottle of Marvex Bleach) $ 1,200 8,300 10.6666%(increase) $ 1,200 8,000 0%
Alcoholic Beverages (Case of Carib) $ 3,000 30,820 33%(decrease) $ 3,000 20,000 60% (decrease)
2020/ Apr to Jun Beverages (Case of Smalta) $ 1,800 14,585 18.1818% (increase) $ 1,800 14,000 16.66% (increase)
Sanitation (Medium Bottle of Marvex Bleach) $ 1,200 24,898.50 300%(increase) $ 1,200 20,000 250% (increase)
Table 1 showing the Demand and Supply of 3 of Ansa Mcal’s Products: Alcoholic Beverages (Case of Carib),
Beverages (Case of Smalta) and Sanitation (Medium Bottle of Marvex Bleach)
Price
Alcoholic beverage (Carib)
3500
3000
2500
2000
1500
1000
500
Quantity Demanded
0
Graph 1 showing the shift in the demand curve for the Alcoholic beverage – Carib, during the periods January
to March 2019 and January to March 2020.
Price
Alcoholic beverage (Carib)
3500
3000
2500
2000
1500
1000
500
Quantity Demanded
0
Graph 2 showing the shift in the demand curve for the Alcoholic beverage – Carib, during the periods April to
June 2019 and April to June 2020.
Price
Beverage Smalta
1800
1600
1200
800
400
Quantity Demanded
Graph 3 showing the shift in the demand curve for the Beverage – Smalta, during the periods January to March
2019 and January to March 2020.
Price
Beverage Smalta
1800
1600
1200
800
400
Quantity Demanded
Graph 4 showing the shift in the demand curve for the Beverage – Smalta, during the periods April to June
2019 and April to June 2020.
Price
Sanitation-Marvex Bleach
1800
1600
1200
800
400
Quantity Demanded
Graph 5 showing the shift in the demand curve for Sanitation – Marvex Bleach, during the periods January to
March 2019 and January to March 2020.
Price
Sanitation-Marvex Bleach
1800
1600
1200
800
400
Quantity Demanded
Graph 6 showing the shift in the demand curve for Sanitation – Marvex Bleach, during the periods April to June
2019 and April to June 2020.
From Table 1 and Graphs 1, 2, 3, 4, 5 and 6, we can see that in the 2nd quarterly of 2020, there
was a drastic change in demand. In comparison to the 1st quarterly of 2020, Marvex Bleach
demand had an astounding 300% increase in contrast to Carib Beer demand having a 33%
decrease and Smalta having an 18% increase. Due to the pandemic, there were vast
differences in the demand from the 2nd quarterly in 2019. The researchers had expected the
demand graph for Marvex Bleach to be sloped from left to right because during a pandemic it
was expected for consumers to buy more of this commodity even when the price rises.
However, the price for all the products remained the same as the government had made it
illegal for companies to participate in price gouging.