Figure 7-2 Figure 7-2 Represents the Market for Vaccinations

True/False

Figure 7-2 Figure 7-2 represents the market for vaccinations. Vaccinations are considered a benefit to society, and the figure shows both the marginal private benefit and the marginal social benefit from vaccinations.
-One effect of adverse selection in a market is that the equilibrium quantity of the product may be smaller than it would have been if there were no information problems.