has changed. Use the diagram below to critically analyse five reasons why the demand for health services for pensioners would shift from D to D1 and/or D2, during and after the lockdown

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Hlo expert dear hand written not allowed.
The demand curve shows the relationship
between the quantity demanded of a
good and its price when all other
influences on consumers' planned
purchases remain the same. In South
Africa, the COVID-19 pandemic and
lockdown regulations impacted pensioners
such that their demand for health services
has changed. Use the diagram below to
critically analyse five reasons why the
demand for health services for pensioners
would shift from D to D1 and/or D2,
during and after the lockdown
Price
P
O
3
c
D₂
Q₂
Q₂ Q
Quantity Demanded
(in units)
Transcribed Image Text:The demand curve shows the relationship between the quantity demanded of a good and its price when all other influences on consumers' planned purchases remain the same. In South Africa, the COVID-19 pandemic and lockdown regulations impacted pensioners such that their demand for health services has changed. Use the diagram below to critically analyse five reasons why the demand for health services for pensioners would shift from D to D1 and/or D2, during and after the lockdown Price P O 3 c D₂ Q₂ Q₂ Q Quantity Demanded (in units)
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