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Private Markets Would Lead to a ______ Vaccination Rate Because

Question 115

Multiple Choice

Private markets would lead to a ______ vaccination rate because:


A) socially optimal; price serves as a signal of marginal benefit and marginal cost.
B) suboptimally high; the external cost of being vaccinated would not fully be taken into account by decision makers.
C) suboptimally low; the external benefit of being vaccinated would not fully be taken into account by decision makers.
D) inequitable; health care services should not be provided based on ability to pay.

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