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  3. Study Set
    Microeconomics Study Set 8
  4. Exam
    Exam 15: Externalities, Environmental Policy and Public Goods
  5. Question
    Figure 156 Figure 15
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Figure 156 Figure 15

Question 3

Question 3

Multiple Choice

Figure 15.6 Figure 15.6   Figure 15.6 shows the market for measles vaccinations, a product whose use generates positive externalities. -Refer to Figure 15.6.What does D<sub>1</sub> represent? A) The demand curve reflecting social benefit B) The positive externalities curve C) The demand curve reflecting private benefit D) The social welfare curve Figure 15.6 shows the market for measles vaccinations, a product whose use generates positive externalities.
-Refer to Figure 15.6.What does D1 represent?


A) The demand curve reflecting social benefit
B) The positive externalities curve
C) The demand curve reflecting private benefit
D) The social welfare curve

Correct Answer:

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