Suppose That Flu Shots Create a Positive Externality Equal to $8

question 262

Multiple Choice

Suppose that flu shots create a positive externality equal to $8 per shot. Further suppose that the government offers a $11-per-shot subsidy to producers. What is the relationship between the equilibrium quantity and the socially optimal quantity of flu shots produced?

• A)They are equal.
• B)The equilibrium quantity is greater than the socially optimal quantity.
• C)The equilibrium quantity is less than the socially optimal quantity.
• D)There is not enough information to answer the question.

Understand the principles of electrical measurement in neuroscience.

Explain the basis and significance of the resting potential and action potential in neurons.

Understand the physiological properties and mechanisms of nerve impulse transmission.

Comprehend the structure and function of nerve cells and their components, such as axons, dendrites, and synapses.

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Definitions:

Mitral Stenosis

A narrowing of the mitral valve opening in the heart, restricting blood flow from the left atrium to the left ventricle.

BP

Blood Pressure, the pressure of circulating blood against the walls of blood vessels, often measured as an indicator of heart health.

HDL

stands for High-Density Lipoprotein, often called "good" cholesterol, which helps remove other forms of cholesterol from your bloodstream.

Myocardial Infarction

A medical term for a heart attack, which occurs when blood flow to the heart muscle is blocked, causing tissue damage.