Part 1 (1 point)
During the COVID-19 pandemic, many sellers-from small home businesses to established companies-started
producing personal protective equipment (PPE) to fight the infection from spreading. Consumers could buy all
types of face masks, some plain, and others decorated with pictures of Yoda, Eddie from Iron Maiden, and so on.
Other sellers sold hand sanitizer with different additives such as aloe and lemon. Entry and exit into and from
these markets were relatively easy.
Given the description of the structure of these markets, one can assume that the market for PPEs is
?