do you think that many resturants will lose more demand throughout the year due to the...

do you think that many resturants will lose more demand throughout the year due to the pandemic or do you think demand will rise?

Expert Solution

ANSWER:

MANY RESTAURANTS WILL LOSE MORE DEMAND THROUGHTOUT THE YEAR DUE TO THE PANDEMIC BECAUSE

The first for fall in demand is that no restaurants all allowed for dine-in so people can't sit and eat which has caused the demand to fall.
The another reason that why demand will falll is that to fight corona virus people need to eat healthy food, increase intake of vitamin C and people need to avoid unhealthy food like snacks, food with high salt, soft drinks and most of restaurants are in business of snacks so the demand for there product is likely to fall.
The another reason is LOCKDOWN . due to lockdown many restaurants were closed for many days by which there demand decreased.
The another reason is that to fight corona virus we need to do social distancing and if people go to restaurants for dine-in it would be diificult to maintain social distancing. so, people are avoiding to at such place where they are likely to catch the virus.
At present the restaurant business is running only on the revenue of takeaways and online delivery which has also caused reduction in demand.
Social gatherings are not allowed as there are more chances of virus to spread. so the functions and the parties which used to take place in restaurants are not happening due to the pandemic which has also caused the demand to fall.

Hence, many restaurants will lose more demand throughtout the year due to pandemic.

Rahul Sunny answered 2 years ago

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