Question
a) Using the example of flu vaccination as externality, explain market failure. Use economic terminology in your answer. b) Explain ONE method the government could
a) Using the example of flu vaccination as externality, explain market failure. Use economic terminology in your answer.
b) Explain ONE method the government could use to internalise the externality.
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The Economics Of The Environment
Authors: Peter Berck, Gloria Helfand
1st Edition
978-0321321664, 0321321669
