Multiple Choice
Flu vaccines often provide both private benefits to individuals and positive external benefits to other members of society.As a result,without government intervention,one would find:
A) too many doses of flu vaccine being produced since external benefits would not be considered.
B) too few doses of flu vaccine being produced since external benefits would not be considered.
C) the optimal amount of doses of flu vaccines being produced since external benefits would not be considered.
D) a shortage of doses of flu vaccine because their marginal social benefit is overestimated.
Correct Answer:
Verified
Correct Answer:
Verified
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