Second-hand smoke, an often cited disadvantage of allowing ...

[bclement10]

Second-hand smoke, an often cited disadvantage of allowing smoking in restaurants, is referred to in economics as a(n)
 
  A) capital good.
  B) externality.
  C) economic cost.
  D) negative investment.

Question 2

A bowed Production Possibilities Curve (PPC) indicates
 
  A) inefficient production.
  B) that the trade-off between the 2 goods is not constant.
  C) changing technology.
  D) only 1 good is always being produced.

[ErinKing]

Answer to Question 1

B

Answer to Question 2

B

[bclement10]

Wow, this really help

[scikid]

Thanks for the timely response, appreciate it