This topic contains a solution. Click here to go to the answer

Author Question: A vaccination shot provides a(n): a. beneficial opportunity cost. b. positive externality. c. ... (Read 70 times)

dmcintosh

  • Hero Member
  • *****
  • Posts: 517
A vaccination shot provides a(n):
 a. beneficial opportunity cost. b. positive externality.
  c. out-resourcing benefit. d. managed-care opportunity benefit.

Question 2

When the consumption of a good generates an external benefit:
 a. the private benefit consumers receive from the good will be higher than the true social benefit.
  b. too much of the good will tend to be produced from the viewpoint of economic efficiency.
  c. the community generally suffers an exactly offsetting external cost from the production of the good.
  d. the market demand curve will understate the total benefits derived from consumption of the good, and as a result, too little of it will be produced and consumed.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pocatato

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

b

Answer to Question 2

d




dmcintosh

  • Member
  • Posts: 517
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

For a complete list of videos, visit our video library