Question :
81) The figure above shows the market for annual influenza : 1238633
81) The figure above shows the market for annual influenza immunizations the United States. If there is NO external benefit from health care and the government does not intervene in the market, then the equilibrium price of immunizations is
A) $30.
B) $20.
C) $40.
D) $60.
E) $70.
82) The figure above shows the market for annual influenza immunizations the United States. The efficient quantity of immunizations is
A) 14 million per year.
B) 10 million per year.
C) between 14 and 21 million per year.
D) less than 10 million per year.
E) 22 million per year.
83) The figure above shows the market for annual influenza immunizations the United States. The marginal external benefit associated with immunizing 14 million people is ________ per person per year.
A) $40
B) $20
C) $90
D) $30
E) $60
84) The figure above shows the market for annual influenza immunizations the United States. If the government does not intervene in this market, the number of immunizations per year is ________ and the efficient number of immunizations per year is ________.
A) 14 million; 20 million
B) 20 million; 22 million
C) 14 million; 22 million
D) 14 million; 10 million
E) 10 million; 14 million
85) The figure above shows the market for annual influenza immunizations the United States. If the government does not intervene in this market, deadweight loss equals
A) $350 million.
B) $250 million.
C) $500 million.
D) $600 million.
E) $37.5 million.
86) The figure above shows the market for annual influenza immunizations the United States. If the government intervenes in the market and provides a subsidy to providers of immunizations to immunize the efficient number of people, the amount of the subsidy is ________ per person.
A) $25
B) $50
C) $35
D) $15
E) $40
87) The figure above shows the market for annual influenza immunizations the United States. If the government intervenes in the market and provides a $10 subsidy to providers of immunizations, the number of people immunized is
A) 20 million per year.
B) exactly 10 million per year.
C) between 15 and 20 million per year.
D) less than 10 million per year.
E) more than 10 million and less than 15 million.
88) The figure above shows the market for annual influenza immunizations the United States. Area A is the
A) total deadweight loss when there is not the illustrated subsidy.
B) remaining deadweight loss when there is the illustrated subsidy.
C) gain in efficiency from the illustrated subsidy.
D) loss in efficiency from the illustrated subsidy.
E) consumer surplus with the illustrated subsidy.
89) The figure above shows the market for annual influenza immunizations the United States. Area B is the
A) gain in efficiency from the illustrated subsidy.
B) remaining deadweight loss when there is the illustrated subsidy.
C) deadweight loss when there is not the illustrated subsidy.
D) equilibrium with the illustrated subsidy.
E) loss in efficiency from the illustrated subsidy.
90) The figure above shows the market for annual influenza immunizations the United States. Area A + Area B is the
A) deadweight loss when there is not the illustrated subsidy.
B) loss in efficiency from the illustrated subsidy.
C) gain in efficiency from the illustrated subsidy.
D) remaining deadweight loss when there is the illustrated subsidy.
E) equilibrium with the illustrated subsidy.
