-From the figure above showing the market for vaccinations, we can infer that there is an
A) external cost associated with the production of vaccinations.
B) external benefit associated with the production of vaccinations.
C) external cost associated with the consumption of vaccinations.
D) external benefit associated with the consumption of vaccinations.

Question

-From the figure above showing the market for vaccinations, we can infer that there is an
A) external cost associated with the production of vaccinations. 
B) external benefit associated with the production of vaccinations. 
C) external cost associated with the consumption of vaccinations. 
D) external benefit associated with the consumption of vaccinations.

Quizplus · Accepted Answer

Vaccinations typically provide external benefits in the form of herd immunity, which protects those who are not vaccinated. This is an external benefit associated with the consumption of vaccinations.

-From the Figure Above Showing the Market for Vaccinations, We