The Graph Below Illustrates the Marginal Cost, Marginal Private Benefit

question 28

Multiple Choice

The graph below illustrates the marginal cost, marginal private benefit, and marginal social benefit of being vaccinated against a contagious childhood disease. Private market incentives would result in ______ vaccinations per day, but the socially optimal number of vaccinations is ______ per day.

• A)200; 300
• B)200; 400
• C)300; 0
• D)300; 200

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Definitions:

Non-ANSI C Compilers

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