Flu vaccinations were not in high demand at the start of flu season. The rise in influenza caused an increase in demand, which affected both distribution and manufacturing costs. According to the rule of demand, supply and demand, an increase in demand will be followed by a rise in price. This would impact supply chain activities. Expert counsel and laws from government regarding the Outbreak COVID-19 have had an impact on vaccine providers across the country. Due to the attractiveness of the sector, many jab vendors joined the market. This created a competitive marketplace. The perfect market is one that has better information, with minimal time delays and no breakdowns. Different vaccine providers can join or leave the market as they wish. COVID-19 is considered a commodity because it serves as an effective tool to prevent diseases. Because all companies offer similar products at the same prices, there’s no competition. Any effort to increase prices will result in fewer clients, hence reducing potential income (Jullien & Sand-Zantman, 2021). A fully competitive market means that limited resources can be distributed without interference from the government to all families and businesses. In highly competitive markets, this information will be more widely distributed to the public through newspapers than any departures. A number of companies will heavily invest in pharmaceuticals as a means of meeting future demand. Consumers will be more focused on purchasing goods in any country due to the severity of the pandemic, and the associated mortality. The creation of a completely competitive market will help in price regulation. This will ultimately improve consumer priorities. Long-term, customer satisfaction will increase as prices are expected to drop. If there is a monopolistic market, then all information about products will be found in one place. It is clear that supply and demand will determine whether any particular merchant purchase flu vaccine. Due to the projected increase in demand for influenza vaccine, however, prices could rise. Elsner 2017, 2017: Monopolistic markets will become more competitive if the government doesn’t maintain positive connections with consumers through fiscal policy. A specific body will decide the exact price and amount of vaccines. The impact of information about vaccinations being acquired from different suppliers will be dependent on how the Australian market is at the time. Monopolistic markets, such as those in Australia, could have negative effects on both supply and price regulation. The government offering incentives for medical expenses to be reduced will encourage service delivery improvements regardless of the market arrangement. Information is distributed via newspapers. This can affect the functioning of markets. In a weak market for example, the price of a product or service could be affected by either buyer or seller. Imperfect competition and exploitation may be caused by the seller’s ability to influence and control prices of goods and services. It is dependent on what kind of retail environment there is and how much demand they have. This will affect the behavior of the ideal competition market. Other variables that can influence the market’s behavior include the regulatory environment of the government, the number of businesses in the sector and the willingness of buyers to purchase vaccines at all costs.
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