Author Question: Second-hand smoke, an often cited disadvantage of allowing smoking in restaurants, is referred to in ... (Read 67 times)

bclement10 · **on:** Jun 29, 2018

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.