Question: 1) Consider the market for immunization. Draw the private demand and supply and plot equilibrium price and quantity. Now draw the public demand {take into

1) Consider the market for immunization. Draw the private demand and

1) Consider the market for immunization. Draw the private demand and supply and plot equilibrium price and quantity. Now draw the public demand {take into account that one person takes immunization is less likely to get sick and therefore less likely to spread the disease] for immunization and compare the optimum oluantityr with the market solution. What can the government due to achieve the optimal quantity

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