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Reference: Ref 10-5 (Figure: Market for Vaccines) the Figure Represents

Question 49

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  Reference: Ref 10-5 (Figure: Market for Vaccines)  The figure represents the market for vaccines with external benefits. The efficient level of output is ________ vaccines, which is ________ than the market's output. A)  1,200; greater B)  1,800; less C)  2,400; greater D)  1,800; greater Reference: Ref 10-5 (Figure: Market for Vaccines) The figure represents the market for vaccines with external benefits. The efficient level of output is ________ vaccines, which is ________ than the market's output.


A) 1,200; greater
B) 1,800; less
C) 2,400; greater
D) 1,800; greater

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