The market supply and demand functions for dengue vaccinations are given by: 9 230 a. b....
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The market supply and demand functions for dengue vaccinations are given by: 9 230 a. b. C. S: p= where g is the number of vaccinations and p is the price in RM. The consumption of this vaccinations generate a positive externality to the general population, and the estimated marginal external benefit to the society is RM130. Find the market equilibrium of vaccinations. d. D: p= +27.17 48000-q 100 Determine the social equilibrium of vaccinations. What are the effects of the positive externality on the market? (5 points) (10 points) (5 points) How could the government internalize the positive externality to ensure the society benefits from the positive externality? (5 points) The market supply and demand functions for dengue vaccinations are given by: 9 230 a. b. C. S: p= where g is the number of vaccinations and p is the price in RM. The consumption of this vaccinations generate a positive externality to the general population, and the estimated marginal external benefit to the society is RM130. Find the market equilibrium of vaccinations. d. D: p= +27.17 48000-q 100 Determine the social equilibrium of vaccinations. What are the effects of the positive externality on the market? (5 points) (10 points) (5 points) How could the government internalize the positive externality to ensure the society benefits from the positive externality? (5 points)
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A The effects of the positive externality on the market are that it increases the demand for the vac... View the full answer
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Posted Date:
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