Figure 15.10 Chicken pox vaccinations for toddlers benefit society by protecting young children and by preventing an epidemic of the disease.Thus, the social benefits of chicken pox vaccinations exceed the private benefit for any quantity of vaccinations as illustrated in Figure 15.10.
-Refer to Figure 15.10.What is the value of the net gain to society as a result of subsidising chicken pox vaccinations?

Question

Figure 15.10  Chicken pox vaccinations for toddlers benefit society by protecting young children and by preventing an epidemic of the disease.Thus, the social benefits of chicken pox vaccinations exceed the private benefit for any quantity of vaccinations as illustrated in Figure 15.10.
-Refer to Figure 15.10.What is the value of the net gain to society as a result of subsidising chicken pox vaccinations?

Quizplus · Accepted Answer

The net gain to society as a result of subsidizing chicken pox vaccinations is equal to the area of FEG, which represents the total social benefit of the vaccinations exceeding the private benefit for any quantity of vaccinations. Therefore, the best choice is C. Options A and B involve equations that are not applicable in this situation, and option D includes additional areas that are not relevant to the net gain to society.

Figure 1510 Chicken Pox Vaccinations for Toddlers Benefit Society by by Protecting