Figure 10-1
-Refer to Figure 10-1. This graph represents the tobacco industry. The industry creates
A)positive externalities.
B)negative externalities.
C)no externalities.
D)no equilibrium in the market.

Question

Figure 10-1 
-Refer to Figure 10-1. This graph represents the tobacco industry. The industry creates
A)positive externalities. 
B)negative externalities. 
C)no externalities. 
D)no equilibrium in the market.

Quizplus · Accepted Answer

The tobacco industry is known for creating negative externalities, such as health problems and environmental damage, that affect individuals and society who are not directly involved in the production or consumption of tobacco products.

Figure 10-1 -Refer to Figure 10-1. This Graph Represents the Tobacco Industry