I’m doing an Eco project and we have to relate a current issue to economics. I picked the swine flu vaccine shortage. Can anyone help me??
How Does The Shortage Of Swine Flu Vaccine Relate To The Subject Of Economics?
December 20th, 2009 by flufacts Leave a reply »2 comments
Here’s another theory:
The more you vaccinate people with that poison (because that’s what it is), the more health-related problems they develop later in their lives. And we all know that health-related problems cost patients a lot of money, now don’t we?
If there’s a shortage of this poison, there’s also a shortage of money.
Because there is such a high demand for swine flu vaccine, and there aren’t enough of them to go around, the price of the product goes up. Since the price goes up, not as many people will be willing or able to buy them, and this evens out supply and demand of the vaccine.
If there were more vaccines than we could use, of course, the price would go down because the vendors would want to sell as many as possible, and people would be less willing to pay a high price for them.