Use the Following to Answer Questions

question 40

Multiple Choice

Use the following to answer questions:
Figure: External Benefit
-(Figure: External Benefit) Refer to the figure. Shingles is a painful and blistering skin rash that generally affects older adults. The shingles virus is transmitted by those with an active outbreak, and it can cause chicken pox in people who never had it. The 6^th unit has a social value of ______ and a private cost of ______.

• A) $4; $6, so no vaccine should be given
• B) $6; $8, so the vaccine should be given
• C) $4; $6, so the vaccine should be given
• D) $8; $6, so the vaccine should be given

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Definitions:

Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed as a factor of production contributing to economic value.

Knowledge

Information, understanding, or skill obtained through experience or education.

Commitment

The level of dedication an individual has towards his or her job, organization, or career path.

High-Performance

Describes systems or individuals operating at an exceptionally high level of activity, efficiency, or quality.