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Number of social media users before and during the COVID-19 crisis. Data source: Statista:
Internet > Facebook: number of monthly active users worldwide 2008-2020 Twitter: number of
monthly active users 2010-2019 Standard Guideline: You should organize your assignment as
follows: 1. Introduction 2. Theoretical Background 3. Data and Variables (Include what are the
variables you have applied in this research. Write in this section - where have you collected data
for each variable, i.e., data source? How many years of data you are using data for analysis? etc.)
4. Data Analysis (Draw and explain figures. Do you see any theory that matches your research
outcome? If yes, what theory? Is it the Law of Demand? Or it does violate the Law of Demand.
If it does, why? Give your opinion.)

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