The flu vaccination market has the demand and supply curves given by the following data. (All quantities are in thousands.) Price per vaccinatione $100 $152 $200 $252 $300 Quantity demanded 902 802 702 602 50 Quantity supplied 50 60 702 802 902 1. Now suppose that each vaccination given generates an external benefit, as those who do not get vaccinated are less likely to get the flu when others do get vaccinated. As a result, suppliers receive a $10 subsidy from the government for each vaccine. For example, if consumers pay $10 per vaccination, suppliers receive $20, so only $10 from consumers is required to induce suppliers to offer 70,000 vaccinations per month 2. The price elasticity of demand for health care has been estimated to be -0.2. Characterize this demand as price elastic, unit price elastic, or price inelastic. + 3. Demand tends to become more elastic when the budget share of the good grows. Health-care costs account for a relatively large share of household budgets. How could the price elasticity of demand for health care be such a small number?