a. If the marginal external benefit is estimated at an additional $24 per vaccination, draw in the MSB curve on the above graph. Plot only the endpoints of the curve and position those points on the edges of the graphing area. b. What are the optimal price and quantity from society's point of view? Optimal price: $| Optimal quantity:

a. If the marginal external benefit is estimated at an additional $24 per vaccination, draw in the MSB curve on the above graph. Plot only the endpoints of the curve and position those points on the edges of the graphing area. b. What are the optimal price and quantity from society's point of view? Optimal price: $| Optimal quantity:

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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