Is Dr. Kochi talking about production efficiency or allocative efficiency or both? Make a graph with the percentage of malaria cases eliminated on the x -axis and the marginal cost and marginal...

Is Dr. Kochi talking about production efficiency or

allocative efficiency or both?

Make a graph with the percentage of malaria

cases eliminated on the x -axis and the marginal

cost and marginal benefit of driving down

 malaria cases on the y -axis. On your graph:

 (i) Draw a marginal cost curve and marginal

benefit curve that are consistent with Dr.

Kochi’s opinion.

 (ii) Identify the quantity of malaria eradicated

that achieves allocative efficiency.

 Economic Growth