Which of the Following Would Be an External Cost to the Consumption

question 161

Multiple Choice

Which of the following would be an external cost to the consumption of cigarettes?

• A) Price of a pack of cigarettes.
• B) Loss of income resulting from extra missed days of work.
• C) Higher life insurance premiums due the practice of smoking.
• D) The loss in utility received because the smoker must stand outside her office building in the winter to smoke.
• E) Increased risk of cancer to the nonsmoking passengers in the smoker's carpool.

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Definitions:

Self-Esteem

An individual’s overall subjective emotional evaluation of their own worth or personal value.

Football Team

A group of players forming one side in competitive football games.

Prejudice

An unjustified negative attitude toward an individual based on the individual’s membership in a group.

Unjustified Negative

Refers to a negative outcome or judgment that is not supported by evidence or reasoning.