Make a graph with the percentage of malaria cases eliminated on the x-axis and the marginal cost
Question:
Make a graph with the percentage of malaria cases eliminated on the x-axis and the marginal cost and marginal benefit of driving down malaria cases on the y-axis. On your graph:
(i) Draw a marginal cost curve and marginal benefit curve that are consistent with Dr.
Kochi’s opinion.
(ii) Identify the quantity of malaria eradicated that achieves allocative efficiency.
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