If Once Vaccinated, a Person Cannot Catch a Cold or Give

question 53

Multiple Choice

If once vaccinated, a person cannot catch a cold or give a cold to someone else, the marginal social benefit resulting from consumption of the vaccine:

• A) exceeds the marginal benefit received by consumers of the vaccine.
• B) equals the marginal social cost of producing the vaccine in a competitive equilibrium.
• C) equals the marginal benefit received by consumers of the vaccine in a competitive equilibrium.
• D) is less than the marginal benefit received by consumers of the vaccine.