The existence of positive externalities associated with a programme of vaccination against a communicable disease justifies that: Select one: O a. The insurer should subsidise a part of the cost of vaccination, depending on the importance of the positive externalities. O b. The insurer should provide vaccinations at zero cost for the population. O c. The insurer should oblige each individual to pay the cost of the vaccination. O d. All the other answers are incorrect.

The existence of positive externalities associated with a programme of vaccination against a communicable disease justifies that: Select one: O a. The insurer should subsidise a part of the cost of vaccination, depending on the importance of the positive externalities. O b. The insurer should provide vaccinations at zero cost for the population. O c. The insurer should oblige each individual to pay the cost of the vaccination. O d. All the other answers are incorrect.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter16: Information, Risk, And Insurance

Section: Chapter Questions

Problem 12RQ: What is the problem of moral hazard?

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