Multiple Choice
This graph illustrates the marginal cost,marginal private benefit,and marginal social benefit of immunization against a contagious childhood disease.
As more children are immunized,the marginal cost increases because ____ and the marginal benefit decreases because ___.
A) of the low-hanging-fruit principle;it is a prisoner's dilemma.
B) of the low-hanging-fruit principle;the probability of spreading the disease declines.
C) the probability of spreading the disease declines;of the low-hanging-fruit principle.
D) of diminishing marginal utility;the probability of spreading the disease declines.
Correct Answer:

Verified
Correct Answer:
Verified
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