For each of the goods listed below, discuss whether the good is likely to entail an external

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For each of the goods listed below, discuss whether the good is likely to entail an external cost or an external benefit. In addition, discuss whether the market is likely to provide more or less than the socially optimal quantity of the good.

a. Vaccinations.

b. Cigarettes.

c. Antibiotics.

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Principles Of Economics

ISBN: 9781266052309

8th Edition

Authors: Robert H. Frank, Ben Bernanke, Kate Antonovics, Ori Heffetz

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Question Posted: Mar 06, 2023 08:08 AM

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For each of the goods listed below, discuss whether the good is likely to entail an external

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a Vaccinations Vaccinations are probable to have an external benefit because they not only protect t...View the full answer

Principles Of Economics

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