-Vaccinations Provide Both Private Benefits and External Benefits

question 335

Multiple Choice

-Vaccinations provide both private benefits and external benefits. The table above gives information on the marginal private benefit and marginal external benefit associated with vaccination against varicella (chicken pox) . If the marginal cost of a varicella vaccination is $10, then the efficient quantity of vaccinations is

• A) 3 million vaccinations.
• B) 4 million vaccinations.
• C) 5 million vaccinations.
• D) 6 million vaccinations.

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Definitions:

Cultural Heritage

The legacy of physical artifacts and intangible attributes of a group or society passed down from generation to generation.

Psychoactive Drug

A chemical substance that changes brain function and results in alterations in perception, mood, consciousness, cognition, or behavior.

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The beliefs or assumptions about the future events or actions held by an individual.

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An individual who has developed a psychological and/or physical dependence on illegal or prescription drugs.