1. This photo was taken at a fast food shop in Causeway Bay on a Sunday afternoon (30/3/2003) soon after the SARS outbreak within the community. Explain such economic phenomenon with the help of a demand-supply diagram.

  1. Explain how you cope with the drop in consumer demand due to the SARS outbreak if you were a:

a.    Taxi owner

b.    Restaurant owner

c.     Cinema operator

d.    Travel agency operator

e.    Hotel owner

 

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