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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 ( no copy and paste)
1500-2000 words

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