-Vaccinations Provide Both Private Benefits and External Benefits

question 123

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) $1 per vaccination.
• D) $2 per vaccination

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Definitions:

Video Surveillance

The use of video cameras to monitor activities in a particular area, often for security purposes.

GPS Tracking

The use of Global Positioning System technology to ascertain the precise location of a person, vehicle, or other asset to which it is attached.

Consent

An agreement or permission for something to happen or someone to do something, often given explicitly by speaking or writing.

Nonwork Information

Information pertaining to an individual's life and activities outside of their workplace or professional responsibilities.