Economics 9708 · AS & A Level · 7.4

7.4 — practice question

The world’s biggest pharmaceutical firms created and supplied an effective vaccine to fight a dangerous virus. What may be linked to this vaccine programme?

  • Ademerit good and negative production externality
  • Bimperfect competition and positive consumption externality
  • Cperfect competition and negative consumption externality
  • Dpublic good and negative production externality

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