The graph below illustrates the marginal cost, marginal private benefit, and marginal social benefit of being vaccinated against a contagious childhood disease. Private market incentives would result in ______ vaccinations per day, but the socially optimal number of vaccinations is ______ per day.

Question

The graph below illustrates the marginal cost, marginal private benefit, and marginal social benefit of being vaccinated against a contagious childhood disease.  Private market incentives would result in ______ vaccinations per day, but the socially optimal number of vaccinations is ______ per day.

Quizplus · Accepted Answer

The Answer of The graph below illustrates the marginal cost, marginal private benefit, and marginal social benefit of being vaccinated against a contagious childhood disease.  Private market incentives would result in ______ vaccinations per day, but the socially optimal number of vaccinations is ______ per day.

The Graph Below Illustrates the Marginal Cost, Marginal Private Benefit