Physics, 15.04.2020 03:21 haleynicole351ovewbg

Suppose that flu shots create a positive externality equal to $12 per shot. What is the relationship between the equilibrium quantity and the socially optimal quantity of flu shots produced? a. They are equal. b. The equilibrium quantity is greater than the socially optimal quantity. c. The equilibrium quantity is less than the socially optimal quantity. d. There is not enough information to answer the question.

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Suppose that flu shots create a positive externality equal to $12 per shot. What is the relationship...

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