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-Exhibit N-4 Represents the Tobacco Industry

Question 70

Multiple Choice

  -Exhibit N-4 represents the tobacco industry. Which of the following would be included in supply (private cost)  curve? A)  the cost of labor B)  the cost to the government of the hospital expenses of indigent smokers C)  the increased risk of cancer to the nonsmoking passengers in the smoker's car pool D)  the price of a pack of cigarettes E)  the loss in utility received because the smoker must stand outside her office building in the winter to smoke
-Exhibit N-4 represents the tobacco industry. Which of the following would be included in supply (private cost) curve?


A) the cost of labor
B) the cost to the government of the hospital expenses of indigent smokers
C) the increased risk of cancer to the nonsmoking passengers in the smoker's car pool
D) the price of a pack of cigarettes
E) the loss in utility received because the smoker must stand outside her office building in the winter to smoke

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