Answer to Question #276702 in Microeconomics for Nalyn

Question

Explain how does the COVID-19 pandemic affect the supply of medical products

Answer 1

Supply of key materials and medical products has been severely disrupted due to the forced quarantine and lack of labor and raw materials. As the link between regional warehouses is not smooth, the allocation of raw materials between regions cannot be carried out successfully; this shortage of raw material and components affected the medical device supply chain.