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Suppose That the Marginal Private Benefit of a New Vaccine

Question 25

Multiple Choice

Suppose that the marginal private benefit of a new vaccine could be measured as Suppose that the marginal private benefit of a new vaccine could be measured as Suppose that the marginal social benefit could be measured as Suppose that the private marginal cost curve could be measured as What quantity represents the optimal societal consumption of the vaccine? A) 4 units. B) 5 units. C) 6 units. D) 10 units. Suppose that the marginal social benefit could be measured as Suppose that the marginal private benefit of a new vaccine could be measured as Suppose that the marginal social benefit could be measured as Suppose that the private marginal cost curve could be measured as What quantity represents the optimal societal consumption of the vaccine? A) 4 units. B) 5 units. C) 6 units. D) 10 units. Suppose that the private marginal cost curve could be measured as Suppose that the marginal private benefit of a new vaccine could be measured as Suppose that the marginal social benefit could be measured as Suppose that the private marginal cost curve could be measured as What quantity represents the optimal societal consumption of the vaccine? A) 4 units. B) 5 units. C) 6 units. D) 10 units. What quantity represents the optimal societal consumption of the vaccine?


A) 4 units.
B) 5 units.
C) 6 units.
D) 10 units.

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