The existence of positive externalities associated with a programme of vaccination against a communicable disease justifies that: Select one: O a. The insurer should subsidise a part of the cost of vaccination, depending on the importance of the positive externalities. O b. The insurer should provide vaccinations at zero cost for the population. O c. The insurer should oblige each individual to pay the cost of the vaccination. O d. All the other answers are incorrect.

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter17: Market Failure: Externalities, Public Goods, And Asymmetric Information
Section17.2: Internalizing Externalities
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The existence of positive externalities associated with a programme of vaccination against a
communicable disease justifies that:
Select one:
O a. The insurer should subsidise a part of the cost of vaccination, depending on the
importance of the positive externalities.
O b. The insurer should provide vaccinations at zero cost for the population.
O c. The insurer should oblige each individual to pay the cost of the vaccination.
O d. All the other answers are incorrect.
Transcribed Image Text:The existence of positive externalities associated with a programme of vaccination against a communicable disease justifies that: Select one: O a. The insurer should subsidise a part of the cost of vaccination, depending on the importance of the positive externalities. O b. The insurer should provide vaccinations at zero cost for the population. O c. The insurer should oblige each individual to pay the cost of the vaccination. O d. All the other answers are incorrect.
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