Question 5
(5 marks)
During the pandemic, the demand and price of lemon have been increasing in Bangladesh causing
more farmers to cultivate lemon. Using economic theory, discuss in detail what is actually
happening in the lemon market? How might the lemon market change in the future according to
economic theory?
Answer:
the demand curve will shift – to the right for an increase or to the left for a decrease. CHAPTER 5. CASE STUDY: CHICKEN FARMING.