The Research Finding That Smokers Were Less Likely to Develop

question 113

Multiple Choice

The research finding that smokers were less likely to develop Alzheimer's disease is generally interpreted to mean that

• A)research findings are sometimes in error.
• B)nicotine protects against dementia for most people.
• C)smoking may be helpful in protecting people at high risk for Alzheimer's.
• D)smoking may shorten the lives of smokers so that they do not live long enough to develop dementia.

---

Definitions:

Shortage/Surplus

A market condition: shortage occurs when demand exceeds supply, and surplus happens when supply exceeds demand.

Price Ceiling

A government-imposed limit on how high a price can be charged for a product, service, or resource.

Market Equilibrium

Market equilibrium is a condition where the quantity of a product supplied is equal to the quantity demanded, leading to a stable market price for the product.

Incidence of a Tax

The incidence of a tax refers to the distribution of the tax's economic burden among different stakeholders, such as consumers and producers.