Suppose that due to the COVID-19 pandemic, millions of households are spending much more time at...

 

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Suppose that due to the COVID-19 pandemic, millions of households are spending much more time at home. They are all looking for things to do and ways to spend their time. How might we model this event in the market for bikes? Suppose that due to the COVID-19 pandemic, millions of households are spending much more time at home. They are all looking for things to do and ways to spend their time. How might we model this event in the market for bikes?

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The question seems to be about economic modeling in the context of the COVID19 pandemic specifically regarding how the pandemic has affected peoples b... View the full answer