Figure 10-12
-Refer to Figure 10-12. The graph, as drawn, could apply to the market for
A)fire extinguishers.
B)immunizations such as flu shots.
C)education.
D)All of the above are correct.

Question

Figure 10-12 
-Refer to Figure 10-12. The graph, as drawn, could apply to the market for
A)fire extinguishers. 
B)immunizations such as flu shots. 
C)education. 
D)All of the above are correct.

Quizplus · Accepted Answer

The graph likely represents a market with positive externalities, which applies to fire extinguishers, immunizations, and education, as all provide benefits to others beyond the individual consumer.

Figure 10-12 -Refer to Figure 10-12. the Graph, as Drawn, Could Apply