This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Positive and Negative ExternalitiesThe graph shows the market for flu shots. Assume that P1=$2.00, ... (Read 197 times)

jacob816

  • Full Member
  • ***
  • Posts: 151
on: Nov 23, 2022
Positive and Negative Externalities

The graph shows the market for flu shots.
 

Assume that P1=$2.00, P2=$2.50, P3=$5.75, P4=$8.00, P5=$9.75, P6=$10.50, P7=$12.75, Q1=160, and Q2=425 and that D1 represents the marginal private benefit of flu shots and D2 represents the marginal social benefit of flu shots. At the efficient equilibrium, ________ flu shots are sold at a price of ________. If the government determines that flu shots create a positive externality, it can ________ (tax/subsidize) flu shots by an amount equal to ________, meaning consumers pay a price of ________.
◦ 425, $8.00, tax, $5.50, $11.25
◦ 160, $5.75, subsidize, $4.00, $5.75
◦ 425, $8.00, subsidize, $5.50, $2.50
◦ 160, $5.75, tax, $4.00, $13.75
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jacob816 on Nov 23, 2022

hiyayyay

  • Full Member
  • ***
  • Posts: 204
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 58% of students answer this correctly


jacob816

  • Member
  • Posts: 151
Reply 2 on: Nov 23, 2022
Wow, this really help

tanna.moeller

  • Member
  • Posts: 328
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Negative control of an inducible set of genes: function of the lac repressor in regulating the lac o Negative control of an inducible set of genes: function of the lac repressor in regulating the lac o
Negative feedback control of a regulated variable. Negative feedback control of a regulated variable.
Increased neurogenesis in the dentate gyrus following damage. The left panel shows (1) an ... Increased neurogenesis in the dentate gyrus following damage. The left panel shows (1) an ...
OraQuick. A negative result would show a red line at the "C" mark, whereas a positive ... OraQuick. A negative result would show a red line at the "C" mark, whereas a positive ...
This table shows the growth of a crowd at a rally over a 3 h period. This table shows the growth of a crowd at a rally over a 3 h period.
Negative Feedback and Temperature Control Negative Feedback and Temperature Control
Video: Phases of the ovarian cycle

For a complete list of videos, visit our video library