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24. Suppose that a vaccine is developed for a highly contagious strain of flu. The likelihood that anyone will get this flu decreases as more people...

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24. Suppose that a vaccine is developed for a highly contagious strain of flu. The likelihood that anyone will get this flu
decreases as more people receive the vaccine. One of the demand curves beiow represents the private demand
for the vaccine and the other represents the social demand for the vaccine. 1 10
100 S 90 so 70 so 50 4o 30 20 10 i}
D 25 50 75 100 125 150 175 200 225 250 Price (Sidose) DZ Quantity (doses/day) The government could increase total economic surplus by:
A. taxing production of the vaccine. B. encouraging people to pay each other to get the vaccine.
C. subsidizing production of the vaccine. D. providing 250 doses of the vaccine for free.

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