When patients or farmers choose whether to use more antibiotics, they compare:
A) their private benefits with the social cost.
B) their private benefits with the market price.
C) the social benefits with the social cost.
D) the social benefits with the market price.

Question

Quizplus · Accepted Answer

Patients or farmers typically compare their private benefits with the market price when deciding on antibiotic use, as they are primarily concerned with their own costs and benefits rather than the broader social implications.

When Patients or Farmers Choose Whether to Use More Antibiotics