Figure 7-2 Figure 7-2 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.
-Some economists have argued that certain characteristics of the delivery of health care justify government intervention. One of these characteristics is

Question

Figure 7-2  Figure 7-2 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.
-Some economists have argued that certain characteristics of the delivery of health care justify government intervention. One of these characteristics is

Quizplus · Accepted Answer

Health care generates positive externalities, such as improved public health and productivity, which can justify government intervention to ensure adequate provision and access.

Figure 7-2 Figure 7-2 Represents the Market for Vaccinations