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iloveyofacexx3 iloveyofacexx3
wrote...
Posts: 340
A week ago

Question 1.

Figure 5-6



Figure 5-6 shows the market for measles vaccinations, a product whose use generates positive externalities.



Refer to Figure 5-6. What does D1 represent?



the positive externalities curve



the social welfare curve



the demand curve reflecting private benefits



the demand curve reflecting social benefits



Question 2.

Figure 5-6



Figure 5-6 shows the market for measles vaccinations, a product whose use generates positive externalities.



Refer to Figure 5-6. What is the economically efficient output level?



Q2 - Q1



Q1 + Q2



Q2



Q1

Textbook 

InMicro


Edition: 1st
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4 Replies
Replies
Answer verified by a subject expert
sadeensadeen
wrote...
Posts: 317
A week ago
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Answer 1

the demand curve reflecting private benefits



Answer 2

Q2

1

Related Topics

wrote...
A week ago

Question 1.

Figure 5-6



Figure 5-6 shows the market for measles vaccinations, a product whose use generates positive externalities.



Refer to Figure 5-6. What does D2 represent?



the demand curve reflecting marginal social benefits



the social welfare curve



the positive externalities curve



the demand curve reflecting marginal private benefits



Question 2.

Figure 5-6



Figure 5-6 shows the market for measles vaccinations, a product whose use generates positive externalities.



Refer to Figure 5-6. What is the market equilibrium output level?



Q2



Q1 + Q2



Q2 - Q1



Q1

wrote...
A week ago

Answer 1

the demand curve reflecting marginal social benefits



Answer 2

Q1

wrote...
A week ago
Thanks
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