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    Exam 6: Externalities in Action- Environmental and Health Externalities
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    In the Standard Utility Maximization Model,smoking Is a Result Of
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In the Standard Utility Maximization Model,smoking Is a Result Of

Question 16

Question 16

Multiple Choice

In the standard utility maximization model,smoking is a result of:


A) irrational choice.
B) a miscalculation of the benefits and costs of smoking.
C) rational choice.
D) perfect information about the costs of smoking.

Correct Answer:

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