Figure 5-2
Figure 5-2 represents the market for vaccinations. Vaccinations are considered a benefit to society, and the figure shows both the marginal private benefit and the marginal social benefit from vaccinations.
-Refer to Figure 5-2.Marginal private benefit is represented by which curve?

Question

Figure 5-2
  Figure 5-2 represents the market for vaccinations. Vaccinations are considered a benefit to society, and the figure shows both the marginal private benefit and the marginal social benefit from vaccinations.
-Refer to Figure 5-2.Marginal private benefit is represented by which curve?

Quizplus · Accepted Answer

The marginal private benefit is represented by curve D₁, as it shows the additional benefit received by individual consumers as the quantity of vaccinations increases.

Figure 5-2 Figure 5-2 Represents the Market for Vaccinations. Vaccinations