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:
Chapter12: Medicare
Section: Chapter Questions
Problem 1QAP
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