The Federal Government Is Concerned About the Negative Effects of Cigarette

question 45

Multiple Choice

The federal government is concerned about the negative effects of cigarette smoking in the United States.Suppose Congress is considering two plans.One plan would limit the production of cigarettes.The other would require manufacturers to include graphic photos on cigarette packages of people suffering cancer's effects.Which of the following statements is true?

• A)Both programs would increase the price of cigarettes.
• B)Both programs would reduce the quantity of cigarettes sold.
• C)Both programs would decrease revenues for cigarette manufacturers.
• D)All of the above are correct.

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Definitions:

Self-Interest

The consideration of one's own advantage or well-being above the welfare of others or the community.

Society

A community of people living together in an ordered community, sharing customs, laws, and organizations.

Free Parking

A situation where parking spaces are provided without charge, often influencing car usage and urban congestion.

Commuters

individuals who travel from their home to their place of work and back, typically on a daily basis.