The following is an abstract of an article published in Malaysia.

PUTRAJAYA, Jan 24 The Domestic Trade and Consumer Affairs Ministry has announced a list of 13 goods, which will be price-controlled, in conjunction with the upcoming Chinese New Year celebration early next month...the retail prices for goods include live chicken at RM6.20 per kilo, standard chicken at RM7.50 per kilo, and super chicken at M8.40 per kilo.

"All the goods on the list are in high demand during the festive season, hence the need for control to stabilise its price and supply on the market.

"We determined the maximum price of the goods based on several factors, including information gleaned from our monitoring activities nationwide last year and this year, views of government agencies related to food production, and from discussions with stakeholders such as manufacturers, suppliers and retailers," Saifuddin said.

Source:https://www.malaymail.com/news/malaysia/2019/01/24/ministry-releases-cny-price- control-goods-list-effective-jan-30-to-feb-8/1716128

Use a suitable diagram to explain the maximum price set on the retail price of super chicken. Explain the possible problems of such an intervention. 3 Marks