A flu shot typically costs about $25–$50 but some firms offer their employees free flu shots. Why might afirm prefer to offer its employees free flu shots if the alternative is an equally costly wage increase?
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A flu shot typically costs about $25–$50 but some firms offer their employees free flu shots. Why might a
firm prefer to offer its employees free flu shots if the alternative is an equally costly wage increase?
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- A vaccinated individual cannot catch a cold nor spread their virus to someone else. Therefore, the marginal social benefit from consumption of the vaccine Individu yang telah divaksinasi tidak boleh diserang selsema atau menyebarkan virus mereka kepada orang lain. Oleh itu, faedah sosial merginal daripada penggunaan vaksin adalah a. equals the marginal social cost of producing the vaccine in a competitive equilibrium sama dengan kos sosial marginal untuk menghasilkan vaksin dalam keseimbangan pasaran persaingan sempurna b. equals the marginal benefit received by consumers of the vaccine in a competitive equilibrium sama dengan faedah marginal yang diterima oleh pengguna vaksin dalam keseimbangan pasaran persaingan sempurna C. is less than the marginal benefit received by consumers of the vaccine kurang daripada faedah marginal yang diterima oleh pengguna vaksin d. exceeds the marginal benefit received by consumers of the vaccinePlease help with question 14. Thank you.Consider regions A and B. In region A, the marginal benefit associated with pollution cleanup is MB = 300 – 10Q, while in region B, the marginal benefit associated with pollution cleanup is MB = 200 – 4Q. Suppose that the marginal cost of cleanup is constant at $12 per What is the optimal level of pollution cleanup in each of the two regions?
- Consider an infectious disease such as the flu which is spread primarily through virus particles in aerosolized respiratory droplets of already infected people. a In the midst of an infectious disease epidemic of this sort, is it privately rational for people to limit their exposure to other people, perhaps by staying home from work or not going to school? b An infected person who goes out into public areas and does not take precautions to contain their respiratory emissions clearly poses a negative externality on those around them. Does an uninfected person going out into public areas also pose a negative externality? c For a particularly severe disease outbreak of this sort, one possible government response is to exaggerate to the public both the harm that might arise from contracting the disease and the likelihood of contracting the disease. In what ways might such a strategy reduce the harm to the public from the disease epidemic? In what ways might such a strategy increase the…Suppose that there is an environmental policy that could reduce the average concentration of a toxic substance to which 3 million people are exposed. Suppose that as a result of the reduction in exposure the risk of death reduces from 1 out of 50,000 to 1 out of 60,000. a. What is the expected number of lives that could potentially be saved from this environmental policy? a. If each of the 3 million people who are exposed is willing to pay $8 for this reduction in risk, then what is the implied value of a statistical life that is potentially saved as a result of this environmental policy? a. Your boss asks you to estimate what must be the maximum cost of such an environmental policy. Provide a justification for the upper limit on the cost of such an environmental policy.Your value to live in a quiet apartment is $400. The neighbor living above your apartment makes noise using her treadmill every day. She values running at $500. Your neighbor has the right to run in her apartment. If the proper conditions are met, what does the Coase Theorem suggest is the likely outcome in this case? Your neighbor pays you $401 to continue running. O You tell your neighbor that he Is making too much noise hoping she will stop using her treadmill. O You pay your neighbor $500 to stop running. O Your neighbor continues to run, and you say nothing. A 52. Ans 53. Fo A Moving to another question will save this response. «.< Question 25 of 40 » 54. I sho 55. Suppe 225 Close Window MacBook Air esc 000 F1 F2 F3 000 FA F7 @ 2$ & 2 6. Q W E R T tab А S D F G caps lock %# 3
- Describe PRIVATE COST by GRAPH.Two firms each currently dump 20 tons of pollution a piece into a local river. The government wants to reduce the amount of pollution in the river so they issue 5 permits to each firm. The cost for firm A to reduce their pollution by 1 ton is $1000 and the cost for firm B to reduce their pollution by 1 ton is $800. When answering the questions below simply enter the number for your answer do not write a full sentence. Question 1 If trade is NOT allowed what will be the cost of reducing pollution will be for firm A. total. for firm B, and inDo COVID-19 Vaccines create external benefit? Why? Then should the government subsidize this activity?
- 10 upvotes fastSuppose an unvaccinated man Tom would get $10 of private benefit out of a flu shot. The flu shot costs $20 at the local clinic. The herd immunity benefit of the shot is worth an additional $15 to Tom's friends and co-workers. (1) What is the private cost incurred when Tom gets the shot? (2) Is it privately efficient for Tom to get the shot? (3) What is the public or social cost incurred when Tom gets the shot? (4) What is the public or social benefit when Tom gets the shot? (5) Is it publicly/socially efficient for Tom to get the shot? Hint: please consider only the information provided in the question. Any other potential cost or benefit can be ignored. Please explain your answers. Do not simply provide a Yes or No as the answer. If it involves calculations, show your steps.People tend to view car travel as being safer than airplane travel, but a person is how many times more likely to die from a car accident than from an airplane crash?