Discussion question help

Jul 13th, 2015
Business & Finance
Price: $10 USD

Question description

1.  In October of 2004, the supply of flu vaccine fell by over 50 percent. The result was that the vaccine had to be rationed, with a priority schedule established: young children, people with weakened immunity, those over 65, etc., taking priority.

  1. Compare and contrast this allocation outcome with a free market outcome.
  2. Which alternative is more just?
2. What is an economic model? What besides a model do economists need to make policy recommendations?

Tutor Answer

(Top Tutor) Daniel C.
School: University of Maryland

Studypool has helped 1,244,100 students

Review from our student for this Answer

Jul 24th, 2015
"Excellent job"
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1819 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors