$50 O $60 O $70 $80 Price (S/dose) AMINNA vaccine is developed to light COVID. The chance for anyone to contract the virus drops as more people receive the vaccine. One of the demand curves below represents the private demand for the vaccine and the other represents the social demand for the vaccine. The socially optimal equilibrium price is. 110 100 90 S 80 70 60 50 40 30 20 10 0 0 25 50 D1 D2 75 100 125 150 175 200 225 250 Quantity (doses/day)

$50 O $60 O $70 $80 Price (S/dose) AMINNA vaccine is developed to light COVID. The chance for anyone to contract the virus drops as more people receive the vaccine. One of the demand curves below represents the private demand for the vaccine and the other represents the social demand for the vaccine. The socially optimal equilibrium price is. 110 100 90 S 80 70 60 50 40 30 20 10 0 0 25 50 D1 D2 75 100 125 150 175 200 225 250 Quantity (doses/day)

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter12: Environmental Protection And Negative Externalities

Section: Chapter Questions

Problem 40P: Show the market for cigarettes in equilibrium, assuming that there are no laws banning smoking in...

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Question

please answer in text form and in proper format answer with must explanation , calculation for each part and steps clearly

$50
O $60
O $70
$80
Price (S/dose)
AMINNA vaccine is developed to light COVID. The chance for anyone to contract the virus drops as more people receive the vaccine. One of the demand curves below represents
the private demand for the vaccine and the other represents the social demand for the vaccine. The socially optimal equilibrium price is.
110
100
90
S
80
70
60
50
40
30
20
10
0
0
25 50
D1
D2
75 100 125 150 175 200 225 250
Quantity (doses/day)

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