It has been estimated that the herd immunity threshold for the H1N1 flu of 2009 was 25% but that for the H1N1 flu of 1918 it was 74%. In most years, the herd immunity threshold for the flu is around 50%. The herd immunity threshold is a function of the contagiousness of the flu strain and the effectiveness of the flu shot. There was no flu shot in 1918, the herd immunity in 1918 came from people having had the flu and subsequently having immunity. a. Draw a graph with $ on y-axis and % of the population vaccinated on the x-axis. Draw the MB for flu shots during the 2024-2025 flu season assuming that herd immunity would be achieved when 30% of the population is vaccinated. Explain in words how the MB you have drawn represents this scenario. Hint - make sure that the MB curve does not extend beyond 100% of the population vaccinated.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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It has been estimated that the herd immunity threshold for the H1N1 flu of 2009 was 25%
but that for the H1N1 flu of 1918 it was 74%. In most years, the herd immunity threshold
for the flu is around 50%. The herd immunity threshold is a function of the
contagiousness of the flu strain and the effectiveness of the flu shot. There was no flu
shot in 1918, the herd immunity in 1918 came from people having had the flu and
subsequently having immunity.
Transcribed Image Text:It has been estimated that the herd immunity threshold for the H1N1 flu of 2009 was 25% but that for the H1N1 flu of 1918 it was 74%. In most years, the herd immunity threshold for the flu is around 50%. The herd immunity threshold is a function of the contagiousness of the flu strain and the effectiveness of the flu shot. There was no flu shot in 1918, the herd immunity in 1918 came from people having had the flu and subsequently having immunity.
a. Draw a graph with $ on y-axis and % of the population vaccinated on the x-axis.
Draw the MB for flu shots during the 2024-2025 flu season assuming that herd
immunity would be achieved when 30% of the population is vaccinated. Explain
in words how the MB you have drawn represents this scenario.
Hint - make sure that the MB curve does not extend beyond 100% of the
population vaccinated.
Transcribed Image Text:a. Draw a graph with $ on y-axis and % of the population vaccinated on the x-axis. Draw the MB for flu shots during the 2024-2025 flu season assuming that herd immunity would be achieved when 30% of the population is vaccinated. Explain in words how the MB you have drawn represents this scenario. Hint - make sure that the MB curve does not extend beyond 100% of the population vaccinated.
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