With the coronavirus vaccine, your decision to get vaccinated provides not just a benefit to yourself in protecting you from the disease, it also provides substantial benefits to others who you are likely to encounter during the course of your daily activities, protecting them from infection as well. This is an example of O Public good O Negative externality O Positive externality O Common ownership O Asymmetric information
With the coronavirus vaccine, your decision to get vaccinated provides not just a benefit to yourself in protecting you from the disease, it also provides substantial benefits to others who you are likely to encounter during the course of your daily activities, protecting them from infection as well. This is an example of O Public good O Negative externality O Positive externality O Common ownership O Asymmetric information
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter12: Environmental Protection And Negative Externalities
Section: Chapter Questions
Problem 12SCQ: Consider the case of global environmental problems that spill across international borders as a...
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![With the coronavirus vaccine, your decision to get vaccinated provides not just a
benefit to yourself in protecting you from the disease, it also provides substantial
benefits to others who you are likely to encounter during the course of your daily
activities, protecting them from infection as well. This is an example of
O Public good
O Negative externality
Positive externality
O Common ownership
O Asymmetric information](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb1ee8d88-e3e2-4673-ad82-c583896e05f6%2F7b9fc8be-d6a4-47db-bf17-72dd3292d32c%2Fflao8an_processed.jpeg&w=3840&q=75)
Transcribed Image Text:With the coronavirus vaccine, your decision to get vaccinated provides not just a
benefit to yourself in protecting you from the disease, it also provides substantial
benefits to others who you are likely to encounter during the course of your daily
activities, protecting them from infection as well. This is an example of
O Public good
O Negative externality
Positive externality
O Common ownership
O Asymmetric information
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