Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Social costs are only related to healthcare expenses incurred by smokers.
B
Regulations can help internalize the external costs of smoking, making smokers pay for the broader impact.
C
Social costs are irrelevant in the context of personal choice regarding smoking.
D
Regulations should focus only on the economic benefits of the tobacco industry.
Understanding the Answer
Let's break down why this is correct
Answer
Cigarette smoking creates social costs, which are the negative effects that impact people who do not smoke. For example, when someone smokes in a public place, the smoke can harm the health of nearby people and contribute to higher healthcare costs for society. These costs are not just paid by smokers but also by everyone through increased medical bills and lost productivity. Regulations, like banning smoking in certain areas or taxing cigarettes, help to reduce these harmful effects and protect the health of the community. By addressing these negative externalities, regulations aim to make smoking less appealing and encourage healthier choices for everyone.
Detailed Explanation
Regulations help make smokers pay for the harm their smoking causes to others. Other options are incorrect because This answer suggests that costs only come from healthcare; This option ignores that personal choices can harm others.
Key Concepts
cigarette smoking
social costs
regulations
Topic
Negative Externalities in Consumption
Difficulty
hard level question
Cognitive Level
understand
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