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Author Question: Provide an economic explanation for why government subsidization of child immunizations may lead to ... (Read 56 times)

awywial

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on: Jun 29, 2018
Provide an economic explanation for why government subsidization of child immunizations may lead to a more efficient outcome.
 
  What will be an ideal response?

Question 2

Refer to Figure 4-1. If the market price is 3.50, what is the maximum number of ice cream cones that Kendra will buy?
 
  A) 1 B) 2 C) 3 D) 4


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Mholman93

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Reply #1 on: Jun 29, 2018
Answer to Question 1

Child immunizations may have positive externalities as they keep disease from spreading. Therefore, a subsidy which would lower the price of the immunizations would encourage more families to get them. This would push the quantity up toward the efficient level.

Answer to Question 2

A


awywial

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Reply 2 on: Jun 29, 2018
Excellent

AmberC1996

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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