-Vaccinations Provide Both Private Benefits and External Benefits

question 202

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, to achieve an efficient quantity of vaccinations, the government could provide a subsidy of

• A) $4 per vaccination.
• B) $3 per vaccination.
• C) $2 per vaccination
• D) $1 per vaccination.

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Definitions:

Negative

Often refers to something lacking positive attributes, harmful, or undesirable in nature.

Genetic Vulnerability

Genetic vulnerability refers to the predisposition some individuals have towards certain disorders or diseases based on their genetic makeup.

Schizophrenic Disorders

A group of mental disorders characterized by significant abnormalities in perception or expression of reality, including hallucinations and delusions.

Biological Mother

The woman who genetically contributed to the creation of an offspring.