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Watch The Economics of Ideas: COVID-19 Vaccine? video before answering questions below. https://youtu.be/Jz0VXPPZOiU 1. Research on the internet and name at least one example
Watch "The Economics of Ideas: COVID-19 Vaccine? " video before answering questions below. https://youtu.be/Jz0VXPPZOiU 1. Research on the internet and name at least one example of a prize being offered (or planned to be offered) to find a vaccine or treatment for COVID-19. 2. Who might be incentivized by a prize that would not be by a patent or a subsidy? Why? 3. What are the pros and cons of using prizes to find a COVID-19 vaccine
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