tb mc qu. 05 - 03 if many people in a... if many people in a community get flu shots, the whole community…

tb mc qu. 05 - 03 if many people in a... if many people in a community get flu shots, the whole community benefits, including those who did not get flu shots. therefore, not enough people may decide to get the shots. this is one illustration of multiple choice supply - side market failure. the market allocating resources efficiently. monopoly power due to lack of competition. demand - side market failure.

tb mc qu. 05 - 03 if many people in a... if many people in a community get flu shots, the whole community benefits, including those who did not get flu shots. therefore, not enough people may decide to get the shots. this is one illustration of multiple choice supply - side market failure. the market allocating resources efficiently. monopoly power due to lack of competition. demand - side market failure.

Answer

Brief Explanations:

Flu - shots have positive externalities. When not enough people get them despite the community - wide benefits, it's a demand - side market failure. People don't account for the positive impact on others when making individual decisions about getting the shot, leading to under - consumption.

Answer:

demand - side market failure.