Consider the market for face masks. When COVID-19 lockdowns
started in March, healthcare workers and the general public
complained about a lack of face masks. 2 Now, however, several
months later, there is no significant lack of face masks, and the
govern- ment mandates the wearing of facial protection in public
indoor settings. Using a supply and demand diagram, explain how
this initial shortage of face masks rectified itself. (Hint: the
transition to a new equilibrium