Multiple Choice
The Centers for Disease Control and Prevention (CDC) wants at least 90 percent of the population vaccinated against preventable diseases, since the chance of a disease outbreak decreases as vaccine coverage increases. We can conclude that:
A) the external benefits of vaccination likely decrease as more and more people are vaccinated.
B) the private benefits of vaccination increase with vaccine coverage.
C) vaccines create a negative externality once the vaccine covers 90 percent of the population.
D) vaccines create a positive externality once the vaccine covers 90 percent of the population.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: When external benefits are present, the market
Q72: External costs lead markets to produce a
Q78: Private solutions to externalities are most likely
Q80: Which of the following answers correctly identifies
Q85: Which of the following best creates incentives
Q121: If transaction costs are low and property
Q179: In a market, the presence of an
Q183: Nobel Prize-winning economist James Meade argued that
Q203: Which method achieves the lowest per-gallon cost
Q254: If the government were to limit the