An Example of an External Cost of Alcohol Is the

question 50

Multiple Choice

An example of an external cost of alcohol is the

• A)emotional costs to the families of alcoholics.
• B)cost to alcoholics of going to rehabilitation clinics.
• C)cost of producing whiskey.
• D)cost to bars of hiring janitors to clean up after their customers.

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Definitions:

Federal Trade Commission

An independent agency of the United States government aimed at preventing anti-competitive, deceptive, and unfair business practices.

Interstate Commerce

The trade, traffic, or transportation of goods, services, or money across state borders within the United States.

Antitrust Laws

Legislation designed to promote competition and prevent monopolies, oligopolies, and other practices that reduce market competition.

Microsoft

A global technology company known for its software products, including the Windows operating system and the Office suite.