A rational public health policy would expand the proportion of the population vaccinated:
A)whenever the marginal social benefit of an additional vaccination is positive.
B)until the marginal cost of an additional vaccination equals the marginal social benefit of an additional vaccination.
C)until the marginal cost of an additional vaccination equals the marginal private benefit of an additional vaccination.
D)until the marginal social benefit of an additional vaccination equals the marginal private benefit of an additional vaccination.

Question

Quizplus · Accepted Answer

A rational public health policy would expand the proportion of the population vaccinated until the marginal cost of an additional vaccination equals the marginal social benefit of an additional vaccination. This ensures that resources are allocated efficiently, and the benefits of vaccination outweigh the costs. If the marginal social benefit is positive and the marginal cost is lower, increasing vaccination rates can lead to an overall increase in social welfare.

A Rational Public Health Policy Would Expand the Proportion of the Population