Provide an economic explanation for why government subsidization ...

[awywial]

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

[Mholman93]

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]

TYSM

[cdmart10]

Thanks for the timely response, appreciate it