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The demand curve for flu shots is P = 100 - 2Q,and the supply curve for flu shots is P = 19 + Q where Q is a million shots per year and P is the dollars per shot.Assume that the flu shots generate an additional benefit in that it reduces the likelihood of others getting sick.This benefit is valued at $6 per shot per year.The private market equilibrium quantity of shots produced is ____________________________,but the socially optimal amount of shots is ________________________________.
Compound Sentence
Sentence with two main clauses that express two or more independent but related thoughts of equal importance, usually joined by a conjunction such as and, but, or or.
Complex Sentence
A sentence that contains one independent clause and at least one dependent clause, adding depth to the written communication.
Dependent Clause
A group of words that contains a subject and a verb but does not express a complete thought and cannot stand alone as a sentence.
Connotative Words
Words that carry beyond their literal meaning, evoking emotions, associations, or ideas in the reader or listener.
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