Figure 7-1 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 7-1.Marginal private benefit is represented by which curve?

Question

Quizplus · Accepted Answer

Marginal private benefit is represented by the demand curve D1, which shows the additional benefit received by an individual consumer as the quantity of vaccinations is increased.

Figure 7-1 Represents the Market for Vaccinations