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BULK BUYING DURING COVID

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BULK BUYING DURING COVID
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  • Hey Julie have you heard that there is a shortage of toilet rolls , rice , bread etc. cause everyone suddenly bought so much btw why are you here?
  • SCENARIO 1
  • I wonder why people are mad about toilet rolls and groceries but I better stock them till they all get sold out. I don't care if others are able to fulfill their needs but I want a lot of everything before it ends
  • Hey buddy why are we at the candy store , didn't you buy like ten bags of cookies and chips yesterday ?
  • Yeah bro but we need to stock up on snacks to binge watch Netflix and bunk online school. Food is all I can think of before the world gets SICK! from COVID.
  • SCENARIO 2
  • Hi I need to purchase two more boxes of masks as the second wave might come
  • Hi ma'am I am afraid to say that we can not provide more boxes as there is a shortage (excess demand )
  • SCENARIO 3
  • LEADS TO INCREASING PRICES , HIGH DEMAND AND HENCE MORE PRODUCERS START CREATING MASKS
  • Bro do you need so many electrons , you don't even have a job anymore
  • Yes i have to buy electronics as everyone in the fam is bored and we need to find an online job
  • Bulk buying of electronics due to online schooling and jobs. Underprivileged students were unable to buy electronics due to high prices
  • SCENARIO 4
  • THE PSYCHOLOGY OF BULK BUYING - 1) SCARCITY EFFECT2) HERD BEHAVIOUR 3)SURVIVAL MODE 4)SENSE OF CONTROL
  • HIGH DEMAND OF HOUSEHOLD ITEMS LED TO A SHORTAGE OF GOODS AND SERVICES
  • SCENARIO 5
  • HI cattie i am BULK BUYING MEDICAL EQUPMENET like oxy meters and masks so that i can treat COVID at home
  • SCENARIO 6
  • I am pretty sure you don't need so much equipment gurll , this is more than what we have in hospitals lol
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