Suppose that a vaccine is developed for a highly contagious strain of flu.The likelihood that anyone will get this flu decreases as more people receive the vaccine.
-Private incentives will lead to _____ people receiving the vaccine at a cost of _____.
A) 75;$80
B) 75;$50
C) 50;$60
D) 50;$90
E) 125;$60
Correct Answer:
Verified
Q58: An environmental activist describes an Environment Canada
Q59: Q60: Q61: Glen is considering whether to paint his Q62: When there are no externalities, Q64: Suppose that a vaccine is developed for Q65: Assume that the values in the table Q66: After correcting an externality,the equilibrium price and Q67: Glen is considering whether to paint his Q68: The socially optimal number of vaccines is
A) the market
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