If many people in a community get ﬂu shots, the whole community beneﬁts, including those who did not get ﬂu shots. Therefore, not enough people may decide to get the shots. This is one illustration of

Question

Quizplus · Accepted Answer

This is an example of demand-side market failure where individuals don't take necessary actions (get flu shots) even though it would benefit them and the community as a whole. The decision not to get the shots is based on individual preferences and behavior, leading to a suboptimal outcome for the community.

If Many People in a Community Get ﬂU Shots, the Whole