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Author Question: igure 5-2 shows the effect of a positive externality on the market for vaccinations. ... (Read 136 times)

futuristic

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Figure 5-2






Figure 5-2 shows the effect of a positive externality on the market for vaccinations.






Refer to Figure 5-2. On the above graph, identify the market equilibrium price and quantity, the efficient equilibrium price and quantity, and the value of the deadweight loss resulting from too few people receiving vaccinations.

« Last Edit: Mar 15, 2019 by Celeste »
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Marked as best answer by futuristic on Mar 15, 2019

hanadaa

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