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Illustrate and briefly explain consumer, producer and total surplus of an expected positive externality of a COVID 19 vaccine by drawing a relevant diagram.(2 marks)

Illustrate and briefly explain consumer, producer and total surplus of an expected positive externality of a COVID 19 vaccine by drawing a relevant diagram.(2 marks)

d.Explain how an expected positive externality of a COVID 19 vaccine could be internalised by using a diagram.

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