Filtered Cigarettes __________

question 212

Multiple Choice

Filtered cigarettes __________.

• A)were a major step toward improving the health consequences of smoking
• B)gave the illusion of improving the health consequences of smoking
• C)were the beginning of an improvement in the health of smokers in the U.S.
• D)contained a lower-tar blend of tobacco in them

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Definitions:

Economizing Problem

The need to make choices about how to best use limited resources to satisfy unlimited wants.

Limited Resources

The economic principle that the available resources (such as time, money, and raw materials) are insufficient to satisfy all wants and needs.

Unlimited Wants

The economic concept that human desires and needs are infinite and vary in intensity, contrasting with limited available resources.

Normative

In economics and philosophy, refers to statements or propositions that express values, ethics, or moral prescriptions, indicating how things ought to be.