The following functions show the relationship between price, costs and the number of dogs receiving

The following functions show the relationship between price, costs and the number of dogs receiving a rabies vaccine.

MPB = 90 – 4Q; MSB = 80 – 4Q; MC: P = 30 + Q; Assume the rabies vaccine is $35 on the market. Will consumers get the rabies vaccine for their dogs? From the societal perspective, should consumers get the rabies vaccine for their dogs?

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