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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

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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. II.1. The Peto Company manufactures pet food cans. Fixed costs are $100 to run the business. Fill in for fixed cost (FC), total cost (TC), average variable cost (AVC), average total cost (ATC), marginal cost (MC).
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