in the town of Externalia, vaccination programs create additional benefits to the community, beyond the consumers who actually purchase vaccinations The graph on the right shows the market for vaccinations 11 Using the line drawing tool, show a ine representing the true demand for vaccinations, if the external benefit were taken into account Label your line D, 2) Using the point drawing tool show the new equitibrium price and quantity Label your point E Carefully follow the instructions above, and only draw the required objects Qo Quantity of vaccinations (housands)

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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in the town of Externalia, vaccination programs create additional benefits to the community, beyond the
consumers who actually purchase vaccinations
The graph on the right shows the market for vaccinations
11 Using the line drawing tool, show a ine representing the true demand for vaccinations, if the external
benefit were taken into account Label your line D
2) Using the point drawing tool show the new equibrium price and quantity Label your point E
Carefully follow the instructions above, and only draw the required objects
Price (5)
Qo
Quantity of vaccinations (housands)
Transcribed Image Text:in the town of Externalia, vaccination programs create additional benefits to the community, beyond the consumers who actually purchase vaccinations The graph on the right shows the market for vaccinations 11 Using the line drawing tool, show a ine representing the true demand for vaccinations, if the external benefit were taken into account Label your line D 2) Using the point drawing tool show the new equibrium price and quantity Label your point E Carefully follow the instructions above, and only draw the required objects Price (5) Qo Quantity of vaccinations (housands)
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