Shingles vaccinations for adults benefit society by protecting adults and by preventing an epidemic of the disease. Thus, the social benefits of shingles vaccinations exceed the private benefit for any quantity of vaccinations, as illustrated in the diagram below:

Shingles vaccinations for adults benefit society by protecting adults and by preventing an epidemic of the disease. Thus, the social benefits of shingles vaccinations exceed the private benefit for any quantity of vaccinations, as illustrated in the diagram below: Price of vaccination (9 Supply g g Marginal ............ : social PG 5 E benet Marginal _ private benet 0.: 05 Quantity of vaccinations What is the value of the net gain to society as a result of subsidizing shingles vaccinations? 0 value equals {PE x QE) 0 value equals {PF x QF) 0 value equal to the area of FEG Q value equal to the area of QF FE QE 0 value equal to the area of QF FG QE