I gave a random number, an example they would scale down production.

As they're receiving a lower price

Mhm, but

So when you scale down production but prices doesn't change and demand rises = shortage

That is only an issue if that arbitrary price is below need

Again, no

"below need"?

Yes

The 20$ was at equilibrium

Not to be confused with demand

None of this matters

Trumps getting re-elected gg

The government set a max price at $10 which is below.

Demand, not need

Need is demand.

Haha

Run that statement by an Econ professor

People demand something they need

You’re conflating the amount that the CDC actually needs to distribute with the amount that the market will bear in a theoretical model

They are different things, conceptually

Not really

I'm talking about the purchasing price of the vaccines.

Too low will result in too little vaccines.

Just like too high would result in too many.

Need is demand

Again, not if there is profit on each vaccine

The middle is the price needed - equilibrium.

Lol

Too high would result in too many?

Yes, over production.

What are you smoking

Are you like, forgetting about actual agency of firms

If the government sets a minimum price the companies will produce high amounts.

You think that a firm is going to just produce product they know they can’t sell

They don't know that, because the price is signalling high demand

They DO know that

Firms can read things other than the market equilibrium

This is what happened with minimum prices on farm produce in Eu, they over produced.

Like, the paper. Emails from the CDC

Lol

CDC isn't the only one buying vaccines, you do realise?