For health care, the perceived marginal benefit ________ the marginal social benefit.

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The perceived marginal benefit is the benefit that an individual believes they will receive from consuming a good or service. The marginal social benefit is the benefit that society as a whole receives from the consumption of a good or service. In the case of health care, the perceived marginal benefit is often less than the marginal social benefit because individuals do not take into account the benefits that their consumption of health care has on others. For example, when an individual gets vaccinated, they not only protect themselves from getting sick, but they also protect others from getting sick. However, the individual may not take this into account when they decide whether or not to get vaccinated.

For Health Care, the Perceived Marginal Benefit ________ the Marginal