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-Vaccinations Provide Both Private Benefits and External Benefits

Question 345

Multiple Choice

  -Vaccinations provide both private benefits and external benefits. The table above gives information on the marginal private benefit and marginal external benefit associated with vaccination against varicella (chicken pox) . If the marginal cost of a varicella vaccination is $10, then the unregulated competitive equilibrium will have A)  2 million vaccinations. B)  3 million vaccinations. C)  4 million vaccinations. D)  5 million vaccinations.
-Vaccinations provide both private benefits and external benefits. The table above gives information on the marginal private benefit and marginal external benefit associated with vaccination against varicella (chicken pox) . If the marginal cost of a varicella vaccination is $10, then the unregulated competitive equilibrium will have


A) 2 million vaccinations.
B) 3 million vaccinations.
C) 4 million vaccinations.
D) 5 million vaccinations.

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