Hmmm.....In order to increase supply, more machines need to be procured and by the time that's done the need for additional masks will probably be over.
I would say mask machines are a depreciating asset so procuring additional machines and materials would just result in wastage.
Yes, first year BSc Economics teaches you that if demand outstrips demand then supply will increase to match demands but that's assuming a 100% efficient economy. We do not live in a 100% efficient economy.
Toilet paper is...
https://www.bloomberg.com/news/artic...-and-hong-kong“a better gift than wine now,” he said.
Friends gathering at a restaurant in Hong Kong this week were asked to bring contributions of face masks or toilet paper for a lucky draw.And in a sign of love in the time of the coronavirus, photos of bouquets stuffed with instant noodles and vegetables instead of roses are making the rounds of Singapore’s finance WhatsApp groups for Valentine’s Day after a run on supermarkets forced them to impose limits on shoppers.
The Philippine government has offered 4 year tax holiday and zero import duty on capital goods for mask manufacturers.
Not many, if any, are going to be shipped from here for a while as the manufacturers have committed supply to the Dept of Health first.