In addition to the items one must give up in order to afford the cost of cigarettes, the opportunity cost of smoking includes
a. your enjoyment from smoking
b. the health effects one places upon others
c. your expected health effects and shortened life span
d. harassment from nonsmokers
e. smoking cessation advertising on television
C
Economics
You might also like to view...
How are the current account and the financial account related?
What will be an ideal response?
Economics
Factors that led to worsening conditions in Mexico's 1994-1995 financial markets, but did not lead to worsening financial market conditions in East Asia in 1997-1998 include
A) rise in interest rates abroad. B) bankers' lack of expertise in screening and monitoring borrowers. C) deterioration of banks' balance sheets because of increasing loan losses. D) stock market decline.
Economics