The Case in Point on Externalities, Cigarettes, and Smoking Suggests

Multiple Choice

The Case in Point on Externalities, Cigarettes, and Smoking suggests that smokers generate:

A) external benefits to society by dying early, thereby subsidizing the retirement costs of the rest of the population.
B) external costs to society by dying early, thereby subsidizing the retirement costs of the rest of the population.
C) net costs to society.
D) external costs that are greater than the external benefits they generate.