With the coronavirus vaccine, your decision to get vaccinated provides not just a benefit to yourself in protecting you from the disease, it also provides substantial benefits to others who you are likely to encounter during the course of your daily activities, protecting them from infection as well. This is an example of O Public good O Negative externality O Positive externality O Common ownership O Asymmetric information
With the coronavirus vaccine, your decision to get vaccinated provides not just a benefit to yourself in protecting you from the disease, it also provides substantial benefits to others who you are likely to encounter during the course of your daily activities, protecting them from infection as well. This is an example of O Public good O Negative externality O Positive externality O Common ownership O Asymmetric information
Chapter8: Market Failure
Section: Chapter Questions
Problem 10P
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![With the coronavirus vaccine, your decision to get vaccinated provides not just a
benefit to yourself in protecting you from the disease, it also provides substantial
benefits to others who you are likely to encounter during the course of your daily
activities, protecting them from infection as well. This is an example of
O Public good
O Negative externality
Positive externality
O Common ownership
O Asymmetric information](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb1ee8d88-e3e2-4673-ad82-c583896e05f6%2F7b9fc8be-d6a4-47db-bf17-72dd3292d32c%2Fflao8an_processed.jpeg&w=3840&q=75)
Transcribed Image Text:With the coronavirus vaccine, your decision to get vaccinated provides not just a
benefit to yourself in protecting you from the disease, it also provides substantial
benefits to others who you are likely to encounter during the course of your daily
activities, protecting them from infection as well. This is an example of
O Public good
O Negative externality
Positive externality
O Common ownership
O Asymmetric information
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