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Refer to the Figure Below

Question 60

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Refer to the figure below. This diagram represents the tobacco industry. Which of the following would be included in the supply (private cost) curve? Refer to the figure below. This diagram represents the tobacco industry. Which of the following would be included in the supply (private cost)  curve?   A)  the cost of labour B)  the cost to the government of the hospital expenses of smokers with cancer C)  the increased risk of cancer to the non-smoking passengers in the smoker's car pool D)  all of the above


A) the cost of labour
B) the cost to the government of the hospital expenses of smokers with cancer
C) the increased risk of cancer to the non-smoking passengers in the smoker's car pool
D) all of the above

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