If the Quantity of Smallpox Vaccinations Is Determined by the Market

question 32

Multiple Choice

If the quantity of smallpox vaccinations is determined by the market forces of demand and supply,which of the following is most likely to be true?

• A)The equilibrium quantity will be too low for efficiency.
• B)The equilibrium price and quantity will be too high for efficiency.
• C)The equilibrium price will be too low for efficiency.
• D)The equilibrium quantity will be too high for efficiency.
• E)The equilibrium price and quantity will be efficient.

---

Definitions:

Hibernation

A state of minimal activity and metabolic depression entered by animals to survive winter or other adverse conditions.

Estivation

A period of dormancy or inactivity in some animals during hot or dry periods.

Acclimatization

The process by which an organism adjusts to gradual changes in its environment, improving its performance over time.

Migration

(1) The periodic or seasonal movement of an organism (individual or population) from one place to another, usually over a long distance.