For a given disease (with all else equal), if a vaccine has a higher prevalence elasticity of

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For a given disease (with all else equal), if a vaccine has a higher prevalence elasticity of demand, a vaccine subsidy will be a more effective tool to control the equilibrium number of people infected with the disease.

Indicate whether each statement is true or false, and justify your answer.

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Health Economics

ISBN: 9781137029966

1st Edition

Authors: Jay Bhattacharya, Timothy Hyde, Peter Tu

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