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

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter8: Market Failure

Section: Chapter Questions

Problem 10P

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Herd immunity is a negative health externality. O True O False
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