Zika Virus Analysis

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The implications stemming from the Zika virus has a major impact on not only the health of many but the economy as well. The overall projected cost of the Zika virus worldwide is 3.5 billion dollars. Some of the costly short term implications stemming from the virus involve “direct outlays, lost productivity, and the impact of avoidance” (Zagorsky, 2016). While attempting to battle the virus, outlay cost are being incurred. The demand for doctors, nurses, research, and drugs to combat the diseases are increasing ultimately creating a market failure. Time, labor and productivity losses are a direct implication from the virus. There is less productivity when people are sick and this can translate to more missed days of work which can be costly

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