Essay Question

"The Malaysian government intend to set a ceiling price and sales guidelines for the Sinovac Covid-19 vaccine by private parties beginning August." (www.theedgemarkets.com)

With regards to the above statement, you are required to describe the Covid-19 vaccine market, explain the reasons and consequences for allowing the private parties to provide the vaccine and also discuss the possible impact of the ceiling price set for the Covid-19 vaccine.

Structure	Maximum words limit
Describe the Covid 19 vaccine market structure.	500
Explain the reasons and the consequences for allowing the private parties to provide the vaccine.	500
Explain the term ceiling price.	100
Discuss the possible consequences of the ceiling price for the Covid-19 vaccine. Make sure to use suitable examples, evidence, and diagrams.	700
Conclusion	200
Total	2,000