Second hand cigarette smoke is an example of a(n)
A) economy of scale.
B) externality.
C) public good.
D) government failure.

Question

Quizplus · Accepted Answer

Second hand cigarette smoke is an example of an externality because it is a cost or benefit that affects a party who did not choose to incur that cost or benefit. In this case, it's a negative externality because it imposes a health cost on others without their consent.

Second Hand Cigarette Smoke Is an Example of A(n)