Multiple Choice
Which of the following describes an external benefit resulting from an individual's purchase of a winter flu shot?
A) A flu shot is less expensive than the cost of treatment when you get the flu.
B) The income of doctors increases when you get a flu shot.
C) A flu shot reduces the likelihood that others will catch the flu from you.
D) A flu shot reduces the likelihood that you will miss work as a result of sickness, and, therefore, you will earn more income.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: What is the Coase Theorem? What are
Q2: Someone who does not contribute toward covering
Q3: If there are important spillover benefits from
Q4: Pollution abatement is likely to be most
Q6: The Coase theorem holds well in situations
Q7: When the production or consumption of a
Q8: Which of these statements is not true
Q9: Which of the following activities, if any,
Q10: When a good is nonrivalrous in consumption,
Q11: What are the external costs and external