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What is fundamental problem related to positive externality

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Reference no: EM133328454

Question a) Many economists consider vaccinations to be a good example of a positive consumption externality. What is the fundamental problem related to positive externalities? What sort of intervention would address the fundamental problem related to externalities?

Question b) Conceptually model (graph) supply and demand in the market for vaccinations as well as any other relevant curves or intersections and areas.

 

Reference no: EM133328454

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