Asked by Patrick Venezia on Mar 10, 2024
Verified
Vaccinating your children is an example of
A) a positive externality.
B) a negative externality.
C) a public good.
D) logrolling.
Positive Externality
A benefit received by individuals or society at large from an economic transaction in which they were not directly involved.
Vaccinating
The act of administering a vaccine to help the immune system develop protection from a disease.
- Acquire knowledge about the notion of externalities and how they affect social welfare.
Verified Answer
SS
Sarieta SarrahMar 10, 2024
Final Answer :
A
Explanation :
Vaccinating children provides benefits not only to the individual child but also to others in the community by reducing the spread of infectious diseases, which is an example of a positive externality.
Learning Objectives
- Acquire knowledge about the notion of externalities and how they affect social welfare.
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