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Q: )a-Ali receives utility from the Korean vaccine(K) and American vaccine(V) that he receives in the…
A: U=K*VPv=200Pk=160I=8000
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Q: Do COVID-19 Vaccines create external benefit? Why? Then should the government subsidize this…
A: Answer to the question is as follows :
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What makes the infection of COVID-19 Virus gets worst in India? Name 5 of their worst scenario...
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- how does the covid vaccination affect or influence one’s personal & family health. how does it affect society as well?(6) When are the most people infected? In the long run, how many individuals are there in each of the three groups, S, I and R?1. When is the appropriate time to invest, Is it today or after pandemic? Why not? 2. Is is right to impose another lockdown with the new covid strain that was identified?
- Do COVID-19 Vaccines create external benefit? Why? Then should the government subsidize this activity?Consider an infectious disease such as the flu which is spread primarily through virus particles in aerosolized respiratory droplets of already infected people. a In the midst of an infectious disease epidemic of this sort, is it privately rational for people to limit their exposure to other people, perhaps by staying home from work or not going to school? b An infected person who goes out into public areas and does not take precautions to contain their respiratory emissions clearly poses a negative externality on those around them. Does an uninfected person going out into public areas also pose a negative externality? c For a particularly severe disease outbreak of this sort, one possible government response is to exaggerate to the public both the harm that might arise from contracting the disease and the likelihood of contracting the disease. In what ways might such a strategy reduce the harm to the public from the disease epidemic? In what ways might such a strategy increase the…how does coronovirus pandemic affects the economy of the philippines? were the government had sufficient response to the pandemic? why or why not?
- words about the negative/positive impacts of Corona virus (COVID19) on tourism sector in Omanwhy travel restriction is important in controlling the transmission of covid-19 virus at early stage?)a-Ali receives utility from the Korean vaccine(K) and American vaccine(V) that he receives in thefollowing format: U=K*VPv=200Pk=160I=8000After the Korean vaccine price goes up to 250 TL, as there is increased international competition toreceive it what is the compensation the Turkish government needs to offer for the individual`s utility tostay constant?b)With the Korean vaccine price going up to 250 TL, please differentiate the substitution vs incomeeffect of this price increase. Is the vaccine a normal good or an inferior good?c) Individuals gain utility from two things: leisure(N) and numeraire good consumption(C). In their youththey maximize:U1(N1, C1) = (N)1/2 (C)1/2Budget constraint should be constructed in the following way: With 24 hours of work, you buy leisurehours, and the numeraire good, which has a price of 1. If you get an hourly wage rate of w,Please set up the Lagrangian for utility maximization. Solve for w=10, your labor decision for the firstperiod.d-Let us assume…